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November 3, 2014 
Daniel Lee HSBC PPI compensation bill up as further scandals unveiled Scandal, scandal and more scandal involving UK banks. Following on from my previous posts last week, which brought news that Barclays and Royal Bank of Scotland have been caught rigging the £3 TRILLION a day foreign exchange rates, it comes as little surprise that HSBC have […]
November 13, 2014 Daniel Lee Co-operative PPI Claims – A short history For almost two decades, banks in the UK were mis-selling Payment Protection Insurance, often referred to as PPI. This was a simple case of banks putting their own greed for making profits over providing an honest business service. There are many examples where the banks were selling PPI […]
February 26, 2015 Daniel Lee RBS PPI bill up again The much troubled RBS / Natwest banking group has seen it’s fair share of misery since the financial crash, and the bad news just keeps on coming. Every quarter banks report their profits and losses to the city and their shareholders. Hot on the heels of Lloyds, Barclays and Tesco, […]
October 31, 2014 Daniel Lee Barclays PPI compensation bill rises £1.1 BILLION in just 3 months It’s the season when UK banks and lenders have to advise the city, and their shareholders, of their quarterly figures. This also means that we can pretty much guarantee that the PPI bill, which is now well above the initial estimation of £25 BILLION, […]
November 4, 2015 Daniel Lee Citi PPI Claims – Another culprit We now know that during the 1990s and 2000s that our banks and other financial institutions were mis-selling Payment Protection Insurance (PPI) on an enormous scale. Banks were shockingly selling this insurance to customers, not for the benefit of the customer, but for the benefit of the bank, such […]
April 19, 2017 Daniel Lee Tesco PPI Bill You may have noticed that our, once all-powerful, supermarket giant, Tesco have recently been in the news for all the wrong reasons regarding their mis-calculation of profits. As if things couldn’t get worse for the struggling grocer, they have released new figures stating that their banking arm is to increase the Tesco PPI bill […]
