Tag: Lloyds Banking Group
The news comes amid international moves towards greater tax transparency, including in UK crown dependencies Jersey, Guernsey and the Isle of Man.
Lloyds' Chief executive Antonio Horta-Osorio says that given their UK focus, their performance is 'inextricably linked to the health of the UK economy'.
The bank says the whistle-blower’s report was provided to regulators and the police in 2014.
Six people including two former HBOS bankers were jailed last year for a combined 47 years for their role in the fraud, in which the conspirators enriched themselves at the expense of the bank's business clients.