U.K. Banks To Compensate For Mis-Selling

The U.K.’s Financial Services Authority has reached an agreement with Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland that calls on the banks to compensate customers for loan-insurance products mis-sold to them, including interest-rate derivatives.

  • 29 Jun 2012

The U.K.’s Financial Services Authority has reached an agreement with Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland that calls on the banks to compensate customers for loan-insurance products mis-sold to them, including interest-rate derivatives.

Click here to read the story from Reuters.

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