Lloyds Banking Group Face £28 Million Fine in Relation to Sales Incentive Controls
By EsqSocial Corporation 19/12/13
On December 11, the FCA published a final notice to Lloyds Banking Group in which it was fined a record GBP £28 million. The fine was imposed for “serious failings” in its sales practices, the largest UK regulatory penalty for a retail banking...
By: Orrick - Structured Finance Group