Banking (DLS03)

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Latest ShareCast News

Close Brothers lifts motor finance redress provision to £300m

By Michele Maatouk

Date: Tuesday 14 Oct 2025

(Sharecast News) - https://www.sharecast.com/news/news-and-announcements/lloyds-hikes-motor-finance-redress-costs-by-pound800m--21030766.htmlClose Brothers said on Tuesday that it was increasing its motor finance redress provision to £300m following the Financial Conduct Authority's ruling on the scandal last week.

Lloyds hikes motor finance redress costs by £800m

By Benjamin Chiou

Date: Monday 13 Oct 2025

(Sharecast News) - Lloyds has announced it is putting aside a further £800m to cover compensation costs related to the motor finance mis-selling scandal.

Jefferies downgrades HSBC, 'not enamoured' with terms of HSB take-private

By Michele Maatouk

Date: Friday 10 Oct 2025

(Sharecast News) - Jefferies downgraded HSBC on Friday to 'hold' from 'buy' on news it is planning to take Hang Seng Bank private in a deal that values the lender at 290 billion Hong Kong dollars ($37bn).

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