Lloyds Banking Group Plc was fined 4.3 million pounds ($6.66 million) by the U.K. financial regulator for making late compensation payments to customers who were improperly sold payment-protection insurance. Three units of the bank, which has set aside $8.2 billion for redress, failed to pay as many as 140,000 customers on time, the Financial Services Authority said in a statement today. The bank had 28 days to pay compensation under the regulator's rules, yet about 8,800 customers had to wait more than six months after receiving notification that they'd be paid.