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August 11, 2015 
Daniel Lee Bank fines and compensation payments at staggering levels Since the financial crises took hold around 6 years ago there appears to have been scandal after scandal involving the banking industry. The Guardian has today issued some staggering figures regarding just how much bank fines and compensation payments have been made by the major banks in […]
November 12, 2014 Daniel Lee Liverpool Victoria PPI Claims – Who are LV=? Under its full name, Liverpool Victoria Friendly Society Limited was founded in 1843. For many years Liverpool Victoria’s was associated with “penny policies” – a service that provided a means of saving for people on a lower income. Today Liverpool Victoria, or LV= as it is branded, […]
November 13, 2014 Daniel Lee Foreign exchange rate fines – In context It has today been announced that five banks have been fined a total of £2 billion following an investigation into the manipulation and fixing of the foreign exchange rates (known as forex within the industry). Of the £2 billion fine, £1.1 billion has been handed out by the […]
November 11, 2014 Daniel Lee First Direct PPI Claims – The story First Direct is an online and telephone based retail bank headquartered in Leeds, UK. It is a division of HSBC Bank plc and has been in operation since 1989. First Direct bank was the first bank in the UK to offer banking services without any branches. This was […]
November 10, 2014 Daniel Lee Owner of Clydesdale & Yorkshire Banks looking to ditch Back in 1987 when the National Australia Bank (NAB), bought Clydesdale and Yorkshire Banks, they couldn’t possibly have known of the scandals that would follow. Seen as a sound investment, and a way into the lucrative UK market, the Australians must have believed that purchasing the […]
November 7, 2014 Daniel Lee HFC mis-sold PPI HFC stands for Household Finance Corp, a finance company founded in the United States during 1878. HFC claimed to be the first finance company to offer consumers the chance to repay their loan in instalments rather than a lump sum on the due date. In the early 1980s, HFC was restructured and […]
