HSBC have announced they have set aside a further £340 million for PPI redress costs, bringing the total PPI provisions across the banks to a staggering £10 billion. Last week Lloyds increased the ...
Compensation for PPI claims, where lenders sold insurance borrowers didn’t need, cost the banks at least £35 billion ($46.5 billion). Rathi’s comments come after a Supreme Court judgment on Friday ...
LONDON, Jan 16 (Reuters) - Britain's financial regulator is considering putting a deadline on bank customers claiming compensation for being mis-sold insurance on their borrowings, sources familiar ...
Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...
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