The Lloyds Bank Scandal; and why it really matters…

This event has now taken place but you can watch the video recording of it through our Youtube Channel, get to it by clicking the button below

When

Tuesday, June 22nd from 6pm to 8pm UK time

Where

Online symposium via Zoom.

Format

There'll be a great line-up of speakers plus ample scope for discussion and debate.

Why you should attend

Recidivism, i.e. repeated wrong-doing, is a known trait within the financial services and banking sector. If you want to see hard evidence for that claim, take a look at the data here and ask yourself whether the evidence suggests that not only is the banking sector riddled with recidivists but also that the fines imposed are simply seen as “a cost of doing business.” 

In short, we are convinced that the data is telling us that there is something seriously wrong in the financial services sector, particularly banking. We believe that the world’s economies and the wellbeing of society will continue to be at risk until there is real, meaningful change. The fact is that no senior banker has been convicted of criminal behaviour in the UK despite their roles in almost destroying the economy and creating over 10 years of hardship for many. 

We’re going to delve into the heart of the problem, and we’re going to be doing this by focusing on a particularly important matter; the Lloyds Bank scandal, which saw many of  its vulnerable bank customers taken advantage of at a time of weakness. 

We’ll be hearing from Lloyds Bank victims, subject-matter experts, Parliamentarians and more who will cover topics such as:

  • Vulnerable, asset rich customers targeted by Lloyds Bank
  • Sales pressure put on Lloyds Bank Relationship Managers
  • The complaint process with Lloyds Bank/FOS
  • Fraud
  • The impact on women, children and families
  • Mental health issues
  • Appointment of LPA receivers
  • 3rd party businesses used and their tactics

The harsh reality is that Lloyds Banking Group has a less-than-perfect track record when it comes to breaking the rules. To elaborate on that point, take a look at this data, which shows fines totalling an eye-watering $545,725,000 against it since the year 2000 by the authorities in the USA, for crimes that include interest rate benchmark violations and even economic sanction violations. 

We therefore urge everybody that has a genuine interest in seeing improvements in the way Lloyds Banking Group operates to attend this symposium, with a view to helping us build momentum on getting justice to the victims of Lloyds and driving the positive, progressive and purposeful reforms that are so desperately needed.

Here's the programme and timings so far...

Leave a Reply

Your email address will not be published. Required fields are marked *