Lloyds Banking Group leaders face a grilling by the Parliamentary Commission on Banking Standards in order to determine what has led to the recent spate of banking scandals and what Lloyds' executives are doing to prevent a repetition in the future.

Speaking in UK Parliament today, Lloyds Banking Group CEO António Horta-Osório and chairman Sir Winfried Bischoff will provide evidence over a number of issues that have rocked the industry, including Libor fixing, mis-selling derivatives and payment protection insurance.

For the live blog on Lloyd's leaders facing a parliamentary grilling, click here.