Lloyds has reportedly been warned that it could have to set aside an additional £1bn over misselling PPI when it posts its 1H results more than £13bn. This new setback would take the bank"s provisions on the matter to this week, with Lloyds being by far the most exposed to the PPI redress that now exceeds £20bn industry-wide.
Lloyds has reportedly been warned that it could have to set aside an additional £1bn over misselling PPI when it posts its 1H results this week. This new setback would take the bank"s provisions on the matter to more than £13bn, with Lloyds being by far the most exposed to the PPI redress that now exceeds £20bn industry-wide.