CAR FINANCE PROVISION Lloyds said it was admitting no liability or wrongdoing in setting aside a 450 million pound provision to cover possible redress linked to an ongoing regulatory review into charging by car finance lenders. Some analysts estimate the bank's potential costs could rise as high as 2 billion pounds. Chief Financial Officer William Chalmers said the provision was the bank's "best estimate" and declined to comment on analyst models. "There will be question marks around how Lloyds has come to that figure … What we do know is that Lloyds is one of the more exposed banks should the FCA deem there was misconduct and customer loss," said Hargreaves Lansdown analyst Matt Britzman. Analysts at RBC have estimated the sector's total compensation bill could reach 16 billion pounds, making it the costliest consumer banking scandal since the mis-selling of payment protection insurance (PPI).