Lloyds Banking Group Plc set aside an additional £700 million ($882 million) for possible costs it will face for a regulatory probe into its motor finance business, meaning it missed earnings ...

LONDON (Reuters) -Lloyds Banking Group's third-quarter profit fell by 36%, it said on Thursday, and it downgraded its performance guidance for the year to reflect an 800-million-pound ($1 billion) ...

Blue Motor Finance is reportedly on the verge of administration after a series of financial setbacks and pressures stemming from the City regulator’s planned £9bn motor finance redress scheme. The ...

The City watchdog wrapped up the consultation on its motor finance redress in December but the two-year long scandal threatens to rumble on into the new year. The Financial Conduct Authority (FCA) ...

LONDON, Dec 17 (Reuters) - Barclays (BARC.L), opens new tab lost its bid to overturn a ruling on British motor finance commissions on Tuesday, in a High Court decision that weighed on bank shares as ...

Drivers who think they are owed compensation from their motor finance provider don’t need to use a claims management company (CMC) or law firm to get a payout, the Financial Conduct Authority (FCA) ...

A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission will be announced on Monday after “fulsome” comments from borrowers and the ...

Company’s First ABS Transaction Backed by Dealer Powersports and Marine Collateral Receives Aaa/AAA-ratings Yamaha Motor Finance Corporation, U.S.A. (YMFUS) announced that it has closed a $400 million ...