| Banks, Lloyds PPI Claim, PPI, PPI Deadline, PPI Scandal

rules-2076442_1280

Just as schools break up, even the banks result reporting season begins. Reviewing the quantity of media comments with respect to the first bank to proclaim its results, Lloyds Banking Group (LBG), recommends that whoever thinks emptied offices and school holidays are good to “bury bad news” must think again.   Though many media commentators… Read more »

Share this post:

| Financial Regulators, PPI, PPI Scandal

A sales company that has made around 22 million nuisance calls regarding PPI and injury claims has been fined £270,000 by the FCA. This is considered as one of the biggest penalties of its kind ever issued.   As per the investigation conducted by the “Information Commissioner’s Office” (ICO), all the automated calls were traced… Read more »

| Banks, Financial Regulators, Lloyds PPI Claim, PPI, PPI Scandal

Lloyds Banking Group has taken nearly a £1 billion hit after revealing it will refund customers for failing to handle mortgage arrears policies and has set aside additional money in order to address the mis-selling of Payment Protection Insurance (PPI).   The provider estimated that it’ll have to shell out roughly around £283 million so… Read more »

| Financial Regulators, PPI

The city watchdog has promised to make sure that financial firms stay strong in the face of Brexit in its yearly list of priorities and this even involves shielding vulnerable consumers from excessively expensive loans. The Chief Executive of Financial Conduct Authority, Andrew Bailey mentioned that, the watchdog’s solicitors were examining EU financial sector regulations… Read more »