WhenTuesday, June 22nd from 6pm to 8pm UK time
WhereOnline symposium via Zoom.
FormatThere'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
- 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...
Welcome to the symposium, introductions and initial exploration of the main issues; by
Founder, Transparency Task Force; Governor, Pensions Policy Institute; Chair, Secretariat Committee, APPG on Pension Scams; Chair, Secretariat Committee, APPG on Personal Banking and Fairer Financial Services; Chair of the Violation Tracker UK Advisory Board
Presentation #1, for 5 minutes by
Kevin Hollinrake MP
MP for Thirsk and Malton
Vice-chair, APPG on Mortgage Prisoners
Co-chair, APPG on Fair Business Banking
Presentation #2, for 7 minutes by
Former Police and Crime Commissioner for Thames Valley Police
Presentation #3, for 8 minutes by
Proprietor, M C McGrath
Presentation #4, for 20 minutes by
Professor David Llewellyn
Professor of Money and Banking, Loughborough University
Presentation #5, for 18 minutes by
Lloyds Bank Victims Group; former executive of the investment bank, S.G. Warburg
Presentation #6, for 10 minutes by
Presentation #7, for 6 minutes by
Presentation #8, for 5 minutes by
Director of Investor Relations, The Investment Committee
Presentation #9, for 5 minutes by
FX & Financial Markets & Banking Consultant
Presentation #10, for 5 minutes by
Discussion & Q&A
Final conclusions; and suggested next steps and close to the formal proceedings.
*The programme will continuously evolve so is subject to change.