HSBC PPI Claims – The Story HSBC, formally known as The Hong Kong and Shanghai Banking Corporation, was founded on March 3rd in 1865 by a Scotsman called Sir Thomas Sutherland in the British Colony of Hong Kong. It relocated it’s headquarters from Hong Kong to London in 1993 during the period that Hong Kong’s […]
HSBC Pay $550m for Mis-Selling Mortgages HSBC Holdings are set to pay $550m (£335m) in order to resolve a US regulators claim made against them. It is stated that the British bank has made a number of false representations in the sale of mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac […]
British Banks among 13 Facing Fraud Claims in US 13 banks are facing allegations of fraud in the US state of Virginia and there are three British banks amongst those. Barclays, HSBC and the bailed out Royal Bank of Scotland are among the 13 and they’re facing a claim of $1.15bn (£700m) in damages in […]
Halifax PPI Claims – The Story In 1853, Halifax previously known as Halifax Building Society was founded, named after a small market town in West Yorkshire, becoming known as ‘Halifax plc’ in 1997 when it became a public limited company. Halifax, in it’s various formats, has historically been the largest supplier of residential mortgages and […]
Packaged Bank Account Claims Packaged Bank Accounts, or Paid For Bank Accounts as they are sometimes referred to are soon to be big news. Brace yourselves, you may well be hearing about these on the same sort of scale as PPI! A Packaged Bank Account is basically an account that includes a monthly fee ranging […]
Elderly Owed PPI Everyone loves their granny and grandpa but they could be missing out on quite a significant amount of money due to their lack of experience using things like tablets, smart phones and computers. Tens, even hundreds, of thousands of elderly people around the UK could be missing out on money that is […]