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Stock impact report

UK lawmakers ask authorities to investigate bank forgery allegations [Reuters]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Reuters
UK lawmakers ask authorities to investigate bank forgery allegations - Reuters 1 Min Read LONDON, July 9 (Reuters) - British lawmakers on Tuesday asked financial and legal authorities to investigate allegations that banks have forged signatures on legal documents for home repossession and other matters. Nicky Morgan, chair of parliament’s Treasury Committee, wrote to the heads of the Financial Conduct Authority and the National Crime Agency to request that they review the evidence from the Bank Signature Forgery Campaign action group, the committee said in a statement. The allegations, first reported by the BBC, concern the government-owned holding company for nationalised bank assets, UK Asset Resolution, and loans from Northern Rock, Bradford & Bingley, Mortgage Express and Lloyds Banking Group. The companies have denied the claims. Reporting by Andy Bruce, editing by Huw Jones All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š Show less Read more
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