Lloyds has reportedly been warned that it would have to set aside an additional £ 1bn over misselling PPI when it posts its financial results this week . This new setback would take the bank"s provisions on the market to more than £ 13bn , with Lloyds being by far the most vulnerable 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.