
Santander has become the latest bank to set a single overdraft rate of 40%.
With just weeks to go before the PPI claims deadline on August 29th, Santander has added another £70 million to its PPI compensation pot.
Britain’s financial regulator has fined Santander £32.8 million for failings in its ‘flawed’ probate and bereavement services.
It has emerged that a second former executive with Royal Bank Of Scotland (RBS) and connected to the controversial GRG division is working alongside former RBS chief Nathan Bostock at Santander.
Liberal Democrat leader Sir Vince Cable used Parliamentary privilege to name Mr Bostock as the person responsible for the controversial Global Restructuring Group (GRG) which is claimed to have wrecked small businesses it was supposed to be helping.Read More
Royal Bank Of Scotland (RBS) has been slammed by a group of MPs over the wording of a ‘disgraceful’ memo about the workings of their Global Restructuring Group (GRG).
They were commenting on a previously unpublished internal memo in which the department supposed to be helping businesses in trouble were told: “Rope – Sometimes you need to let customers hang themselves.”Read More
You can do the claim directly yourself to the lender for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, if you have approached your lender first, and it falls within their remit.