The City watchdog has warned motor finance lenders it is “very concerned” with how prepared the industry is to implement its ...

LONDON (Reuters) -Lloyds Banking Group's third-quarter profit fell by 36%, it said on Thursday, and it downgraded its performance guidance for the year to reflect an 800-million-pound ($1 billion) ...

Blue Motor Finance is reportedly on the verge of administration after a series of financial setbacks and pressures stemming from the City regulator’s planned £9bn motor finance redress scheme. The ...

The motor finance scandal has helped rev up the financial watchdog’s spend on public relations agencies as it fought to warn ...

Company’s First ABS Transaction Backed by Dealer Powersports and Marine Collateral Receives Aaa/AAA-ratings Yamaha Motor Finance Corporation, U.S.A. (YMFUS) announced that it has closed a $400 million ...

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The UK’s financial watchdog sought to rein in the spiraling motor finance saga, saying at the start of a closely-watched Supreme Court hearing that a previous ruling on compensation “goes too far.” At ...

Shares in U.K. banks that have motor-finance operations traded higher after the Treasury signaled its intention to intervene to protect car loan providers in a Supreme Court case. The Treasury has ...

Lloyds Banking Group Plc set aside an additional £700 million ($882 million) for possible costs it will face for a regulatory probe into its motor finance business, meaning it missed earnings ...