Company News



Lloyds Bank sees PPI bill raised by £750m

Lloyds Bank says it will set aside another £750m for compensation for mis-sold personal protection insurance (PPI), taking the total to £8bn. . . .

http://www.bbc.co.uk/news/business-24723413#



Aberdeen’s Martin Gilbert ready to take Scottish Widows for a whirl

Chief executive has changed his tune six months after saying a deal for Lloyds’ fund management arm was ‘extremely unlikely’ . . .

http://www.theguardian.com/business/nils-pratley-on-finance/2013/oct/24/aberdeen-martin-gilbert-scottish-widows-lloyds



News Release – Developments in the Bank’s approach to liquidity insurance

Alongside a speech by the Governor, the Bank of England has today announced changes to its approach to providing liquidity insurance to the banking system. . .

http://www.bankofengland.co.uk/publications/Pages/news/2013/124.aspx




Liquidity stress testing: a survey of theory, empirics and current industry and supervisory practices

Stress-testing is an important tool in developing a complete picture of an institution’s liquidity risk profile. What constitutes a good stress test is, however, not universally clear. . .

http://www.bis.org/publ/bcbs_wp24.htm