Latest News


March 3, 2015

Barclays set aside £750 million for Libor rigging charge

03 March 2015 Barclays have announced that they are to set aside £750 million for Libor rigging as it prepares to settle allegations that they manipulated […]
March 2, 2015

Banks could face competition probe over Mis-sold IRHPs

02 March 2015 UK banks could face a competition probe by the Financial Conduct Authority (FCA) in the wake of the Interest Rate Hedging Product (IRHP) […]
February 27, 2015

RBS reports mis-selling bill of £1.4 billion

27 February 2015 RBS have this week announced huge losses across the board for 2014, £3.5 billion in total. £1.415 billion of this is down to […]
February 26, 2015

Banks Mis-selling bill to hit £3 billion – but bosses will still get bonuses!

26 February 2015 In the next few days British Banks are expected to reveal that their bill for fines and the mis-selling of Interest Rate Swaps and other Interest Rate […]
February 25, 2015

Seneca Banking Consultants recover £3.1 million for Mis-sold Collar client

25 February 2015 Seneca Banking Consultants has recently obtained another successful outcome for a Yorkshire based property developer client that was mis-sold an Interest Rate Hedging Product (IRHP). […]
February 20, 2015

Judicial Review possible for IRHP compensation scheme

20 February 2015 Back in 2012, the Financial Conduct Authority (FCA) agreed terms with a number of High Street Banks to compensate thousands of customers who […]