Yorkshire Bank PPI Claims – A history Yorkshire Bank is a commercial bank operating in England and Wales. It is a division of Clydesdale Bank, which is a subsidiary of National Australia Bank. Founded in 1859 by Colonel Edward Akroyd of Halifax the bank, headquartered in Leeds, originally operated on a non-profit making basis. Unfortunately, […]
Marks and Spencer PPI claims – Not just any claim… Marks & Spencer was founded in 1884 in Leeds by Michael Marks and Thomas Spencer. It’s widely known as a retailer of clothes, luxury food and home products, but in 1985 it began financial service operations. Starting with the M&S Chargecard in 1985, Marks & […]
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 […]
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, […]
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 […]
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 […]