Britain’s Lloyds offers $100 million so far to HBOS fraud victims

FILE PHOTO: Customers use ATMs at a branch of Lloyds Bank in London, Britain, February 21, 2017. REUTERS/Toby Melville

LONDON(Reuters) – Lloyds Banking Group (LLOY.L) has made compensation offers worth 76 million pounds ($100.46 million) to victims of a fraud at its HBOS Reading unit, lawmakers said on Thursday. 170 former directors of companies impacted by the fraud have so far been offered compensation, of whom 134 have accepted, Russel Griggs, who is overseeing […]

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