Scots bank worker caged over £37k fraud after stealing customer identities

Tuesday, 26 May 2020, 03:30:00
Mark Abram who had a cocaine conviction, took savings from his two victims after they called Lloyds Banking Group’s call centre in Dunfermline.
— The Daily Record

Lloyds won’t redeem 750m euro CoCo bond amid COVID-19 crisis

Friday, 22 May 2020, 12:17:37
Lloyds Banking Group told investors on Friday it would not redeem a 750 million euro “CoCo” bond, a move that would have reduced its capital base just as banks face a spike in bad loans during the COVID-19 crisis.
— Reuters UK

Schroders’ Financial Planner adds 2 experienced hires

Friday, 22 May 2020, 11:21:27
Schroders Personal Wealth, the new Financial Planning joint venture between Schroders and Lloyds Bank, has added two experienced hires from Morningstar and Quilter Cheviot. Peter Brunt joins from Morningstar as head of manager research and Jennifer Christian from Quilter Cheviot as an investment specialist. Mr Brunt will mainly be responsible for developing fund manager research and adding to SPW’s fund selection process. He will report to Alessandro Poli, head of investment management, and also support SPW’s investment development activities. {loadposition hidden2} Prior to Schroders Personal Wealth he spent five years at Morningstar, most recently as an associate director. He started at S&P Fund Research in 2005 and holds the IMC and is a CFA charterholder. Ms Christian will report to Jon Wingent, head of investment specialists, and will be based in Manchester. She will work with the investment specialist team to support clients and the growth of the business in the regions. Prior to Schroders she held roles at Quilter Cheviot, Deutsche Bank and Rensburg Sheppards.
— Financial Planning Today

‘Shopaholic’ ex-Lloyds Bank manager wins fight with brother for half her mother’s £325k estate

Friday, 22 May 2020, 09:28:42
A ‘shopaholic’ former bank manager from St Osyth, Essex who was cut out of her mum’s £325,000 will has won a ‘bitter’ family court fight against her estate agent younger brother for half the cash.
— Daily Mail Online

Rebellion on new Lloyds bonus plan

Thursday, 21 May 2020, 23:01:00
Investors have rebuked Lloyds Banking Group over concerns about a share-based bonus scheme for its bosses.Yesterday at the annual meeting more than 36 per cent of shareholders who voted opposed its
— The Times