D-Day is approaching for the Lloyds share price
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The Lloyds Banking Group (LSE:LLOY) share price has had quite the run over the last five years. The stock is up 147% and it still has a dividend yield of more than 4%.
Investors, however, should be at least a bit wary about the near future. The Supreme Court is set to rule on the ongoing motor loans investigation this month – and the effects could be huge.
Regulation
Since the start of 2024, Lloyds has been the subject of an ongoing investigation from the Financial Conduct Authority (FCA). The issue concerns commissions for selling car loans.
Before 2021, there was a conflict of interest between brokers and customers. Specifically, brokers were incentivised (via commissions) to…
