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 […]
Packaged Bank Accounts complaints being handled unfairly The next mis-selling scandal is upon us, and just as PPI before, the banks have been found not to be acting fairly when dealing with valid Packaged Bank Account complaints raised. The product may be different, but the rules have been broken in the same way. Packaged Bank […]
HSBC profits hit – Chief blames regulatory crackdown That’s right, it’s not a joke! HSBC chairman, Douglas Flint, says the bank and it’s staff are suffering from fatigue in trying to comply with tougher rules and regulations that are aimed at protecting customers. Now let’s all feel sorry for the banks shall we?!! Mis-selling […]