LLOY Lloyds Banking Group Plc

The U.K's Lloyds Banking Group PLC (LLOY.LN) next week is expected to announce it will pay up to GBP300 million to regulators in the U.K. and U.S. over allegations it manipulated a key interest rate benchmark, the Financial Times reported Thursday on its website, citing three people familiar with the situation.

An announcement from the bank, accused of manipulating the London interbank offered rate, or Libor, is expected to come before it discloses six-month financial results on Thursday, the FT reported. The report did not break down the amount of payments to each country's regulator.

Lloyd's payment could range from GBP200 million to GBP300 million, the FT reported.

Website: www.ft.com

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