Latest News


April 28, 2016

NAO Publish Report on Financial Mis-selling

The National Audit Office (NAO) has published a report on the effectiveness of the FCA in preventing, and dealing with mis-selling. The findings were unfavourable. The […]
April 25, 2016

RBS pays £10 million on ‘mis-sold’ swap

The Royal Bank of Scotland (RBS) has paid out in the region of £10 million to Westgate Healthcare for the alleged mis-selling of an interest rate […]
March 16, 2016
IRHP Mis-selling Farming Sector - 2016 Bank Mis-selling | Seneca Banking Consultants

Farming Sector Caught up in Bank Mis-selling Epidemic

16 March 2016 Swaps, which are extremely complex products, were sold to farmers, locking them into paying fixed or structured interest payments on borrowings to protect […]
March 8, 2016
RBS | Financial Mis-selling and Litigation Costs | Seneca Banking

RBS Reports Eighth Annual Loss in a Row

8 March 2016 The Royal Bank of Scotland (RBS) have reported for the eighth year in a row that they made a loss last year. The […]
March 3, 2016
IRHP Mis-selling | Holmcroft Judicial Review | KPMG Barclays - Seneca Banking

High Court Dismisses Swaps Judicial Review

03 March 2016 The High Court has dismissed a judicial review brought forward by Holmcroft Properties Ltd after it was deemed the Independent Reviewer, KPMG, was […]
February 26, 2016
RBS | Financial Mis-selling and Litigation Costs | Seneca Banking

Further £2bn Set Aside by RBS for Financial Mis-selling

26 Feb 2016 The Royal Bank of Scotland (RBS) have set aside an additional £2 billion to cover compensation payments for financial mis-selling and past misconduct. […]