Latest News


July 21, 2014

Banks Pay Out Over £1.2 Billion in Compensation

According to City regulators, Britain’s banks are paying out more than £1 billion to small and medium-sized businesses that were mis-sold complex interest rate swaps. The […]
July 16, 2014
Seneca

Payments for Mis-Selling Branded ‘Ridiculous’ by Campaigners

It was recently reported that small and medium-sized companies that had suffered significant financial losses as a direct result of deliberate mis-selling by the banks had […]
July 15, 2014

Victims of Mis-Selling Need to Have A Proper Redress Scheme, MP Claims

Ceredigion MP Mark Williams, pictured above, has recently stated that there needs to be a “full and adequate redress scheme” put into place for SMEs that […]
May 6, 2014

Barclays Create ‘Bad Bank’ In Order to House Non-Core Assets

As Barclays continue to revive their investment banking sector, officials have now decided that it is time to create a ‘Bad Bank’ which will deal with […]
May 2, 2014

The Cause and Effect of Consequential Losses

The FCA have determined how consequential losses (the cost of being deprived of cash and other losses suffered as a result of being mis-sold complex financial […]
April 30, 2014

Three Former Barclays Employees Charged over Libor-Rigging

Barclays have found themselves at the centre of yet more scandal, as they have had to face serious allegations that they were heavily involved in attempting […]