The U.K.'s Financial Services Authority has launched an official investigation into how Lloyds...


The U.K.'s Financial Services Authority has launched an official investigation into how Lloyds (LYG) tracked the commissions it paid to staff who sold its financial products, the WSJ reports. The probe comes after the FSA interviewed over 20 financial institutions, with Lloyds found to have been especially aggressive; the bank has already set aside £4.3B for the misselling of payment-protection insurance.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs