Lloyds to reopen compensation claims for Reading fraud
(The Guardian Business News)

Independent review finds bank´s £100m-plus scheme was `neither fair nor reasonable´Lloyds will reopen compensation claims for victims of the HBOS branch fraud in Reading after an independent review found the original scheme was `neither fair nor reasonable`.The decision is an embarrassing U-turn for Lloyds, which closed its £100m-plus compensation scheme in the spring and has been trying to draw a line under one of Britain´s biggest banking scandals. Continue reading...