Latest News

May 1, 2015

Barclays’ set aside a further £800 million for FX market rigging

1 May 2015 Barclays’ has been forced to set aside an additional £800 million as it braces itself for a fine for rigging the Foreign Exchange […]
April 27, 2015

High Court grants Judicial Review of mis-sold Swaps compensation scheme

27 April 2015 Britain’s High Court on Friday gave permission for a judicial review of the Interest Rate Swap compensation scheme to go ahead. In what […]
April 23, 2015

So, what exactly is a Tailored Business Loan (TBL)

23 April 2015 A Tailored Busniess Loan, or TBL, is a loan with an ’embedded’ interest rate hedging. Clydesdale and Yorkshire bank sold thousands of TBLs […]
April 21, 2015

Seneca to help Yorkshire Bank clients recover millions as mis-sold loan deals are ripped up

21 April 2015 Yorkshire Bank has established a review process for 60,000 business customers who were mis-sold Tailored Business Loans in the last decade and ripped […]
April 16, 2015

Clydesdale Bank fined record £20.7 million for ‘serious failings’ in complaints handling process

16 April 2015 Clydesdale Bank has this week been fined £20.7 million by the Financial Conduct Authority (FCA) for serious failings in the way it handled […]
April 9, 2015

Banks face new investigation in to Interest Rate Swap mis-selling

09 April 2015 British banks could face a new investigation it to the way they handled compensation payments for businesses mis-sold Interest Rate Swaps. Hundreads of […]