Big Banks May Pay GBP5 Bln Over IR Swaps
Barclays, HSBC, Lloyds and the Royal Bank of Scotland may pay up to GBP5 billion (USD7.94 billion) to compensate small businesses that claim losses from interest-rate swaps mis-sold to them by the banks, according to analysts.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
