Santander has attributed their recent losses in after-tax profit to the large number of payment protection insurance claims against them.
The Spanish banking group’s UK branches have reported profits of £993 million for the year, a figure down 40% from 2010.
The ...
The Financial Service Authority, the official government regulator of financial services, has asked banks to cut their bonuses to reflect the dramatic losses induced through the mis-selling of payment protection insurance, according to the Financial Times.
The paper reported that the ...
Mr Victor Walding started his dealings with Claims Advisory Group in September 2011. In as little as 5 months, Mr Walding had received an offer of £6,306 for his mis-sold payment protection insurance on a credit card.
Mr Walding had this ...
Big banks responsible for the payment protection mis-selling scandal have seen millions paid out in compensation to those affected. According to the Financial Service Authority, £776 million has been spent in redress this year to the end of September, ...
Huge profits have been made from banks selling controversial payment protection insurance (PPI). At Claims Advisory Group we aim to claim refunds on policies that have been mis-sold.
It has been revealed that lenders selling ...
Official financial watchdog figures have shown that within the first 10 months of this year, payment protection insurance (PPI) compensation received by mis-sold consumers has topped £1bn.
This money has come from 16 unnamed banks and building societies who have accounted ...
We have a new 'News' section in the Claims advisory site. Over the coming months we will be updating it with articles relating to Claims Advice on PPI insurance as well as other products. Check back regularly for ...
