Co-operative PBA bill increases The much troubled Co-operative Bank has always attempted to set itself apart from the rest by being the bank with morals. Whilst claiming to have a strict policy in not placing investments with, or offering banking facilities to companies it deems to be harmful or against it’s ethos, it doesn’t appear […]
Banks targeting sales over service PPI and Packaged Bank Accounts (PBA‘s), words that send a shudder throughout the banking sector. Banks will attempt to convince us that these mis-selling scandals are a thing of the past. However, a recent poll taken by Which? has confirmed banks continue to pressure a target their staff to sell […]
PPI time limit – Our perspective The Financial Conduct Authority (FCA) is to publish a report into the huge PPI mis-selling scandal next month. There are some rumours that after years of bullying and cajoling by UK banks, the FCA will cave and introduce a PPI time limit of when claims can be made. We […]
Clydesdale PPI provision up again Back in 1987 when National Australia Bank (NAB) purchased the Clydesdale and Yorkshire bank brands they couldn’t possibly have imagined the trouble and damage these two toxic banks would cause. Little did NAB know of the blatant mis-selling, manipulation and cheating that was happening right under their noses but all […]
New PPI mis-selling scandal With the current PPI bill costing UK banks and lenders £30.6bn and rising, you’d have thought the story couldn’t get any worse for the banks. However, following a recent ruling in the Supreme Court, banks could face a further £33bn in this new PPI mis-selling scandal. In more good news for […]
HSBC PPI provision up £88m Over the last week we have seen the likes of Barclays and the Lloyds Banking Group add a whopping £2 BILLION to the overall PPI compensation pot. Today it’s the turn of HSBC, and they’ve followed suit with a further £88m being added. This extra addition takes the HSBC PPI […]