Lloyds chief Antonio Horta-Osorio will say that his bank are committed to the following changes:
- Ensuring pay is linked to the long term performance of the bank and that it can be clawed back.
- Reducing customer complaints.
- Building the safest bank in the UK by becoming completely ring-fenced ahead of the 2019 deadline.
Mr Horta-Osorio will add that a healthy banking industry can play a “full part in the economy, helping to sustain business growth, job creation and wealth generation".