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Mis-sold Business Loans – Swap Loan Mis-selling News Round up from the web. Please note that we accept no responsibility for any third party web site. News round up courtesy of Google.

FSA deal fails to allay small firms’ swaps concerns
Telegraph.co.uk
Liz Hunter, director of Darby’s Glass & DIY, pictured with her father Stephen Lilley says the misselling scandal has been overshadowed by revelations of Libor-fixing. James Hurley Small business owners say they were often poorly explained, complex

Miliband: More misselling pay-outs
The Press Association
Among them was Henderson Signs, a small family business in south-west London, which signed up in February 2008 as part of a £30000 loan deal to improve a property. Soon afterwards, the financial crisis saw interest rates plunge – exposing the

ASK TONY: Did Halifax mis-sell me this useless insurance?
This is Money
I lost my job towards the end of January. It was a real blow, but at least I had mortgage payment protection insurance taken out with my Halifax home loan. However, the bank has investigated your claim that you were missold this policy and your

Businesses face uncertainty over hedging
Financial Times
Kirby took his case to James Ducker, a former banker who set up his business Benchmark Pricing specifically to help companies who feel they have been missold interest rate hedging products. Together they met with Barclays executives at its offices in

Banks face another misselling debacle
Compliancy Services
Banks are set to come up against another misselling scandal involving derivatives such as rate swaps that were sold to small businesses. Barclays, which has been smacked with a £290 million fine over Libor fixing, is among a number of high street

Miliband calls for FSA to broaden misselling payout
Compliancy Services
The leader of the Labour party has called on the Financial Services Authority (FSA) to broaden its compensation scheme for small and medium-sized businesses affected by the interest rate swap scandal. Alan Henderson, head of Henderson Signs

RBS set aside £850 Million for Mis Sold PPI Compensation
OfficialWire (press release)
Those who have borrowed loans, mortgage or credit cards in past few years may has mis sold PPI. Such victims CEO and Managing Director of Horizon Power, Frank Tudor, Selected for Inclusion in Executive Business Title, The CEO Magazine. Since his

IoD North West responds to latest banking crisis
Rochdale Online
“From misselling risky investments to the elderly, tax avoidance, unjustified bonuses, misselling payment protection insurance,tax fraud, misselling loan default swoops to small business’s and now libor fixing. If this does not constitute gross

Ed Miliband banking reform speech in full
Politics.co.uk
The Federation of Small Businesses (FSB) welcomes the FSA’s ruling that Interest Rate Swap Agreements (IRSAs) were missold to small businesses. But in addition to the moratorium imposed on the sale of these swaps, the FSB also wants an immediate

Barclays Bank mis-sold interest rate swap loans

RBS Bank mis-sold interest rate swap loans

Lloyds mis-sold interest rate swap loans

HSBC mis-sold interest rate swap loans









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