Lloyds Banking Group has posted a 28 per cent fall in profit - in line with analysts' estimates - as price wars and the prospect of interest rate cuts forced it to offer better rates to customers.
More than £1 million could have been lost by UK fans to fraudsters so far, Lloyds Bank estimates.
Lloyds Banking Group is preparing to axe roles in risk management after finding that it was a "blocker" to the company's transformation strategy, City A.M. understands.