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Lloyds is ‘the largest digital bank in the UK,’ CEO says, and it wants to work with fintech startups
António Horta Osório told the UK Treasury's International Finance conference that Lloyds has 30 million digital customers across all platforms.
The move follows similar bans from US banks, including JPMorgan Chase, Bank of America, and Citigroup.
"The August report shows that overall business confidence has fallen to the lowest level for 12 months, with sentiment weakest among consumer-facing firms."
New findings from Lloyds Bank show a substantial drop in business confidence following the election and a drop in economic optimism.