Lloyds warns of potential hit from UK motor finance probe

Core Viewpoint - Lloyds Banking Group indicated that the Financial Conduct Authority's proposed scheme regarding motor finance mis-selling may necessitate an additional provision, which could be material to the company's financial position [1] Group 1 - The Financial Conduct Authority is proposing a scheme related to motor finance mis-selling [1] - The potential requirement for an additional provision could have a significant impact on Lloyds Banking Group's financial results [1]