World’s Largest Banks Face £264bn Bill for Poor Conduct

Posted by & filed under Banks, Financial Regulators, Lloyds PPI Claim, PPI, PPI Scandal, Royal Bank of Scotland PPI Claim.

worlds largest PPI banks

Legal bills, fines and expense of compensating mistreated consumers has reached around £264bn for 20 of the world’s largest banks for over five years up to 2016, as per the new research, which raises doubt regarding the efforts put in by major financial services players in order to restore trust in the sector.   This… Read more »

PPI Provisions Increase – But are they Correct?

Posted by & filed under Banks, Lloyds PPI Claim, PPI, PPI Deadline, PPI Scandal.

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 »