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Banks Pay Out “Fractionâ€...
Although Britain’s banks are speeding up payments to compensate small businesses over the hedging products mis-selling scandal, just £206 million has been paid out of the £3.75 billion fund set as...
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...
HSBC Unlikely to Meet PPI De...
HSBC was just one of the high street banks which were found to have mis sold PPI and one of those also ordered to clear its backlog of complaints. As that deadline is near, word has leaked that the ba...