Banking Archives | Page 3 of 22 | Gladstone Brookes

Blog Category: Banking


PPI compensation breaks £37 billion barrier

PPI compensation breaks £37 billion barrier

The total compensation paid for PPI mis-selling has broken the £37 billion barrier.

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PPI News – GB Top 20 PPI Payouts for January 2020

GB Top 20 payouts for January 2020

Gladstone Brookes started the year strongly with the top 20 PPI compensation payouts totalling more than £617,000.

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FCA asks banks to explain 40% overdraft rates

FCA asks banks to explain 40% overdraft rates

Britain’s high street banks are being asked to explain how they calculated their new 40% overdraft rates by the country’s financial watchdog.

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Virgin Money £139 million in the red through PPI

Virgin Money £139 million in the red through PPI

Virgin Money has declared a £139 million loss on the year after being hit with a deluge of PPI claims.

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TSB to open dedicated IT centre for digital banking

TSB to open dedicated IT centre for digital banking

Challenger bank TSB is to open a dedicated IT centre as part of its drive towards digital banking.

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Santander latest to set 40% overdraft rate

Santander latest to set 40% overdraft rate

Santander has become the latest bank to set a single overdraft rate of 40%.

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FCA warns banks to stop short-changing loyal customers

FCA warns banks to stop short-changing loyal customers

Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.

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FCA chief to be new governor of the Bank Of England

FCA chief to be new governor of the Bank Of England

Andrew Bailey, chief executive Britain’s financial regulator, has been named as the man to take over from Mark Carney who is stepping down as the governor of the Bank Of England in March after six years in control.

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PPI NEWS – A REVIEW OF 2019

PPI NEWS – A REVIEW OF 2019

2019 was a landmark year for PPI with the much heralded claims deadline passing on August 29th.

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PPI News – Top 20 Payouts For December

GB TOP 20 PAYOUTS FOR DECEMBER

The last month of 2019 produced a good crop of Christmas and New Year surprises for our clients with a dozen of our Top 20 payouts all receiving five figure sums in compensation from just a single claim.

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