Latest News

January 19, 2015

Banks Admit Mis-Selling Enterprise Finance Guarantee (EFG) Loans, but What are they?

19th January 2015 Earlier this month, the Royal Bank of Scotland (RBS) admitted that it has mis-sold loans to small businesses through the government-backed Enterprise Finance […]
December 31, 2014

FMA Expects to Reach Settlement with ASB

31st December 2014 ABS looks set to be subjected to scrutiny similar to that currently faced by ANZ over its future sale of interest rate swaps […]
December 31, 2014

Lawsuit against ICICI Bank UK Filed By Five Entities due to Alleged Mis-selling

30th December 2014 Five entities belonging to an investor have files a lawsuit against ICICI Bank UK in Belgium, due to alleged mis-selling. The bank has […]
December 17, 2014

MPs Urge for an Independent Enquiry into Compensations Scheme for Small and Medium Businesses

17th December 2014 MPs claimed that an independent enquiry should be held into a compensation scheme for small and medium businesses that have been mis-sold financial […]
December 16, 2014

Attempt to Halt Transfer of €89m Loans to Third Party Failed

16th December 2014 An attempt by the brothers, Michael and Richard Larkin, to prevent the transfer of €89 million of their companies loans from Ulster Bank […]
December 16, 2014

Allegations That Financial Benchmarks Have Been Manipulated by Traders

16th December 2014 Allegations that the financial benchmarks have been manipulated by traders surfaced recently, with fears that “front running” could swamp the UK banking industry […]