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RBS To Pay Out £200 Million In Compensation

The Edinburgh based Royal Bank of Scotland has announced that it has reached a out of court settlement with several shareholders who claimed that they were mislead into purchasing nearly £12 billion pounds worth of shares in the bank, during the […]


Co-Op Bank Scrambles To Avoid Being Shut Down

Co-Op Bank Scrambling To Avoid Being Shut Down

The problem-laden Co-Op Bank is reported to be wanting to reach an agreement within the next fourteen days to raise nearly £500 million in bonds, which the Co-Op Bank hopes will go towards securing the future of the troubled lender. […]


Schwarzenegger To Helm PPI Claims Adverts

Schwarzenegger To Helm PPI Claims Adverts

Hollywood superstar Arnold Schwarzenegger is reported to be in line for a huge payoff of nearly £1.5 million pounds in return for featuring in a series of adverts for a ppi claims management company. Schwarzenegger is not expected to be […]


PPI Claims Deadline To Be Challenged

PPI Claims Deadline To Be Challenged

According to news reports – the ppi claims deadline which has been set for August 2019 by the UK’s Financial Conduct Authority, is to be challenged in the High Court by a ppi claims management company. The Sunday Times reported […]


Barclays Faced With Billion Dollar PPI Lawsuit

Barclays Faced With Billion Dollar PPI Lawsuit

CCUK Finance, who are a US based credit card company has announced that it is to sue Barclays Bank to the tune of $1.1 billion dollars, over Barclays’ role in the mis-selling of Payment Protection Insurance policies, on a subprime […]


Virgin Withdraws From Co-Op Bank Sale

The Richard Branson owned Virgin Money has withdrawn from the list of suitors hoping to snap up the ailing co-op bank. Virgin Money has followed in the wake of the Spanish banks Banco Sabadell and Santander who also announced that they […]


Lloyds Sale Delivers Profit For Taxpayer

Lloyds Sale Delivers Profit For Taxpayer

Lloyd’s Bank which was privatised by the UK government following the financial crisis on 2008, has been fully privatised again. The UK government announced that it had sold it’s remaining shares in the bank, netting the UK taxpayer a £894 […]


Celebrity Accuses Lloyds Of Fraud

Celebrity Accuses Lloyds Of Fraud

The tv presenter and celebrity Noel Edmonds has accused the Lloyds Banking Group of being responsible for the destruction of his company entitled, Unique Business in addition to the bank causing damage to Mr. Edmonds public and business reputation. Mr. […]


HSBC PPI Claims: Profits Fall By 19%

HSBC Holdings PLC also known as (Hongkong and Shanghai Banking Corporation) announced to investors this week, that first quarter profits for 2017, dropped 19% from the previous quarter to £3.8 billion as the bank battled to deal with a myriad of […]


Marks And Spencer Bank PPI Claims Bill Sees Rise

The banking operations of the the high street clothing giant Marks and Spencer has announced that it will set aside nearly £130 million for customer who the company mis-sold payment protection insurance to. The figure represents a significant increase from […]


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