Lloyds sets aside extra 800m to cover car loan mis-selling fallout
Lloyds Banking Group added an £800m provision, raising total to £1.95bn, to cover expected car finance mis-selling redress amid an FCA industry estimate of £11bn.
BMW sets aside 200m for UK car finance mis-selling claims
BMW's UK motor finance arm raised provisions to nearly £207 million to cover potential compensation for drivers mis-sold car loans amid an industry-wide scandal.