Lloyds to miss own deadline Lloyds Banking Group is on course to miss a self-imposed June deadline to make compensation offers to victims of the HBOS fraud scandal.
Earlier this year Lloyds pledged to table compensation proposals by the end of this month, but the lender no longer expects to meet its commitment.
One reason for the hold-up is due to customers taking longer than expected to provide their input to the bank, according to a person familiar with the matter.
Lloyds, which rescued HBOS at the height of the financial crisis, has set aside a £100 million pot for the 64 customers affected by the fraud, which took place between 2003 and 2007 at the hands of ex-HBOS staff.
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