RegulationJun 5 2015

FCA hands Lloyds largest ever £117m PPI fine

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FCA hands Lloyds largest ever £117m PPI fine
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The Financial Conduct Authority has issued its largest ever retail fine of £117m to Lloyds Bank, Bank of Scotland and Lloyds brand Black Horse for failing to treat their customers fairly when handling payment protection insurance complaints between March 2012 and May 2013.

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