HSBC Directors Quit If ever there was a prime example of the attitudes of people at the top level in major banks, this is it! With the long overdue, and I mean LONG overdue, rules being introduced by regulators which could see criminal prosecutions being brought against banking executives for failings, it appears the water […]
Clydesdale PPI bill rockets Clydesdale Bank has, in one fell swoop, almost doubled it’s PPI bill. With a new PPI compensation fund standing at over £1.2 BILLION, a whopping £425 MILLION increase, it’s yet more evidence that the banks and lenders have hugely underestimated what the final PPI bill will be. With a new wave […]
MBNA PPI Claims – The Story MBNA was founded in 1982 and was initially known as Maryland Bank N.A, hence the initials MBNA. The letters N.A. stood for National Association. Maryland Bank was renamed MBNA officially in 1989. The founders of MBNA were a group of MNC Financial executives, with MBNA’s first offices being housed in a […]
NatWest PPI Claims – The Story NatWest or National Westminster Bank, as it is officially called, was founded in 1968 following a merger between the century long established pair of National Provincial Bank and Westminster Bank. In doing so, NatWest became the largest retail and commercial bank in the United Kingdom. Today Natwest finds itself […]
Lloyds to sell more shares in TSB Earlier this year, Lloyds banking group began selling off a 38.5% stake in its TSB banking arm and they’re going to be left with a 50% share in TSB after kick starting their latest spate of share sales. The bank was bailed out by the Government in the […]
Quickest Packaged Bank Account claim so far One of the many questions we get asked on a daily basis is ‘how long will my claim take?’. The simple answer is that banks and lenders are allowed up to 8 weeks to investigate a complaint before giving their final decision on the matter. Generally lenders will […]