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European Commission Fines Ei...
Eight banks, including UK-based RBS, have been fined for taking part in illegal cartel action to fix interest rates. The banks fixed rates for financial derivatives, causing an increase in pricing for...
PPI Claims Compensation Exce...
Lloyds has reported that it may need to spend hundreds of millions of pounds over its £7.3 billion budget in order to settle PPI claims. The government-backed lender has compensated customers for PPI...
Barclays Fights Back Against...
Barclays has been sanctioned a record $453 million after manipulating the price of energy in key markets such as California and several other Western states. Energy regulators claim that the bank deli...
Barclays to Sell Data on Acc...
Barclays recently announced that it would begin selling data about its 13 million clients to businesses. The bank recently issued a letter to its customers outlining who will have access to their data...