Lloyds Banking Group to be hit with PPI fine in excess of £100m
Lloyds Banking Group is reportedly set to be slapped with a record fine of more than £100m by the Financial Conduct Authority for mishandling payment protection insurance complaints.
Sky News has reported that Lloyds is close to a settlement with the regulator, which could be announced as early as tomorrow (5 June).
Lloyds' fine is understood to be so sizeable principally because
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