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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Lloyds Banking Group    LLOY   GB0008706128

Delayed Quote. Delayed  - 06/28 05:35:17 pm
66.6 GBp   -0.18%
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Lloyds Banking : to miss own deadline

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06/28/2017 | 12:07pm CEST

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.

© Copyright © 2017 Express & Star, All rights reserved., source Newspapers

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Financials ( GBP)
Sales 2017 17 870 M
EBIT 2017 8 643 M
Net income 2017 3 878 M
Debt 2017 -
Yield 2017 5,96%
P/E ratio 2017 12,26
P/E ratio 2018 10,59
Capi. / Sales 2017 2,68x
Capi. / Sales 2018 2,64x
Capitalization 47 878 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 0,74  GBP
Spread / Average Target 10%
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Managers
NameTitle
António Horta-Osório Group Chief Executive Officer & Executive Director
Norman Roy Blackwell Chairman
Karin Cook Director-Group Operations
George Mark Culmer Chief Financial Officer & Executive Director
Anita Margaret Frew Deputy Chairman
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