Latest News

October 30, 2014

Mis-sold PPI Causes Lloyds Bill to Hit £11 Billion

British bank Lloyds has set aside another £900 million in order to compensate customers for mis-sold payment protection insurance (PPI), which delivers a further blow to […]
October 21, 2014

Insolvency Practitioners face tough decisions with swaps claims

IP’s are finding themselves in increasingly difficult situations when dealing with claims for mis-sold IRHP’s held by insolvent companies.  When dealing with a company which may […]
October 16, 2014

Anthony Hilton: Morality has no place in banks’ redress

Two years ago the Financial Conduct Authority sounded the alarm on the possible mis-selling by banks of financial products which seemed to offer protection against movements […]
October 16, 2014

Another successful outcome for a Seneca client mis-sold a Tailored Business Loan (TBL)

Seneca Banking Consultants has recently obtained another successful outcome for a property business that was mis-sold a Discounted Fixed Rate Range Loan Facility by Clydesdale Bank. […]
October 15, 2014

Only 40% of Compensation Awarded: Are the Banks Taking SWAPS Seriously Enough?

Figures revealed this week have shown a disappointingly low percentage of compensation for financial mis-selling claims has been awarded to affected customers by Britain’s banks. The […]
October 14, 2014

Seneca settles claim for client mis-sold a Fixed Rate Tailored Business Loan

Seneca Banking Consultants (SBC) has recently advised a business in relation to settlement for a mis-sold Fixed Rate Tailored Business Loan (TBL) taken out with Clydesdale […]