Could Banks Fail to Recover From PPI?

Posted by & filed under Banks, PPI, PPI Scandal.

The payment protection insurance could continue further than the predicted 2019 deadline. The FCA has held back its decision on the deadline, which means further PPI provisions for banks. Bank share prices fell after the FCA’s announcement of the delayed decision. UK banks currently have £40bn set aside for PPI and they have only so… Read more »