Latest News

November 3, 2014

RBS takes £400m hit on Forex Rigging

The Royal Bank of Scotland has joined another UK bank in putting hundreds of millions of pounds aside for fines in relation to currency (forex) rigging. […]
October 30, 2014

Owner of Yorkshire Bank, NAB Looks to Exit UK

30th October 2014 Owner of the Yorkshire bank, National Australia Bank (NAB) has today confirmed that it is looking at its options to exit the UK […]
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. […]