RBS Mortgages Advice Failures: Does it Affect You? You may have seen recently that RBS have been fined almost £15 million for “serious failings” in the mortgage advice that they have been giving out to their customers. That’s all well and good that they’ve been fined by the regulator for their diabolical showing when it […]
RBS Receive FCA Fine of £15m for Mortgage Advice The Royal Bank of Scotland is set to receive yet another fine, but this time it’s over mortgage advice, which makes a change to the usual news regarding their part in the huge PPI mis-selling scandal. The FCA (Financial Conduct Authority) is dishing out the fine to […]
Co-operative PPI bill up as bank makes another loss Good news apparently! Co-operative Bank have released their half year figures which show a loss of over £75m. The much troubled bank have also added £39m to their compensation pot, of which £5m is to be added to the Co-operative PPI bill. Moral banking ethics It […]
Bank fees – The overdraft fee truth We’ve all seen the media hype and general hysteria towards payday lenders, but were you aware that in many instances a bank overdraft fee is actually charged at a higher APR than that of a payday lender?! The banks tend to want to keep this quiet, for obvious […]
Clydesdale Bank PPI bill increases Clydesdale Bank, which includes Yorkshire Bank, have followed suit from Lloyds, HSBC, Barclays, Santander, and RBS recently, and added to their PPI compensation pot. With an additional £75m being added to the existing £386m previously set aside, this sees the Clydesdale Bank PPI bill rise by almost 20% to a […]
£3.5 Million in Shares to be Given to Top RBS Execs With the amount of money bankers get and the money they’ve made by mis-selling products like PPI, you’d be forgiven for thinking that these people get paid enough to do the job that they’re doing, never mind the bonuses they get too. Well, the […]