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Lloyds: loss of bonuses does not tally with scale of PPI scandal The bank was a repeat offender in mishandling PPI claims, yet you would hardly say Lloyds' degree of bonus-docking is similarly fierce How bad would Lloyds Banking Group's failings in handling PPI claims have to be for the executives to lose all their relevant bonuses? The question is worth asking because the bank had withheld deferred bonus awards from 2012 and 2013 until this latest regulatory investigation was complete. The thinking, we assumed, was that all those awards were at risk if the F...
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