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536 Results from "Lloyds Banking Group"

/regulation

Paddington fire blacks out payment processing

Fire and flooding at a BT building near Paddington station has blacked out Internet and telephone connections at over 400 exchanges around the UK and disrupted card transactions processed over the Sage Pay gateway for Lloyds Banking Group.

/retail

Lloyds sells 70% esure stake to founder Wood

Lloyds Banking Group has agreed the sale of its 70% stake in esure to the online insurer's founder and chairman Peter Wood for around £185 million in cash.

/retail

Virgin Money names former Lloyds chief Pitman chairman

Virgin Money has stepped up its assault on the UK retail banking market with the appointment of former Lloyds TSB boss Brian Pitman as chairman.

/retail

RBS cuts over 200 Irish IT jobs; Lloyds axes another 585 roles

RBS, owner of Ulster Bank, is cutting 221 technology jobs in Dublin and Belfast. Meanwhile, Lloyds Banking Group says it is closing its Black Horse personal loan centres and axing 585 roles.

/wholesale

Credit Suisse expects to pay $536m to settle US sanctions probe

Credit Suisse says it expects to pay around $536 million to settle a probe by US authorities into claims it helped process payments in violation of sanctions covering Iran.

/retail

More jobs to go at Lloyds as Equitable Life shifts business to HCL

More jobs are set to go at Lloyds as UK insurance house Equitable Life announces plans to transfer its outsourced policy administration business from the UK banking group to Indian IT firm HCL.

/retail

Union calls on UK Border Agency to investigate Lloyds' use of Indian IT contractors

Lloyds Banking Group Union (LTU) is calling on the UK's Border Authorities to investigate the bank's use of Indian IT contractors on homegrown projects.

/retail

IT staff to go as Lloyds cuts another 5000 jobs

Lloyds Banking Group says it will cut around 5000 jobs, including information technology positions, from its UK operations by the end of 2010.

/retail

Direct Line and Intelligent Finance on the block in UK banking shake-up

The shake-up in UK financial services resulting from the state-backed bail out of Royal Bank of Scotland and Lloyds Banking Group will see the sale of telephone insurance operation Direct Line and Internet bank Intelligent Finance and a wholesale restructuring of the UK's branch banking network.

/retail

Lloyds TSB, Barclays and HSBC extend UK cheque processing outsourcing deals

Lloyds TSB, Barclays and HSBC have signed five year outsourcing contract extensions worth a total of £315 million with the UK cheque and payments processing joint venture they jointly own with IT firm Unisys.

/retail

Recession fuels ID theft fears

Over three quarters of Brits are worried about identity theft yet two thirds admit they don't know how to protect themselves, according to a survey for Lloyds TSB.

/retail

Which? criticises online banking security

UK consumer group Which? has accused Abbey and Halifax of employing poor online security measures, leaving customers vulnerable to fraud.