Banks have only themselves to blame for PPI reckoning

Some bankers may have thought that PPI products were justified, but it was a scamWhat a suitably embarrassing end to Lloyds Banking Group’s misadventure in mis-selling PPI, or payment protection insurance. For the umpteenth time, the bank’s estimate of…

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Banks have only themselves to blame for PPI reckoning

Some bankers may have thought that PPI products were justified, but it was a scamWhat a suitably embarrassing end to Lloyds Banking Group’s misadventure in mis-selling PPI, or payment protection insurance. For the umpteenth time, the bank’s estimate of…

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The £45,000 deposit for our first home was stolen and the banks did nothing

Imagine the horror of losing all to fraudsters who hacked emails and diverted the cash to a bogus accountBack in March, everything was looking good for Nikhil Dudeja. He and his wife Richa were about to buy their first dream home with the £45,500 depos…

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Ex-Unilever boss seeks ‘heroic CEOs’ to tackle climate change and inequality

Paul Polman also supports Bank of England-backed group promoting disability rights The former boss of Unilever is seeking a team of “heroic chief executives” to drive a shift to a low-carbon, more inclusive way of doing business.Paul Polman, who steppe…

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City watchdog admits investment rules too complex for staff

Angry investors at public meeting demand answers from FCA over financial scandals that have lost their moneyThe City watchdog has admitted that its rules are so complex that even its staff may not understand which investment products come under its jur…

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Lloyds boss called before MPs over his pension payments

António Horta-Osório pocketed an extra £400,000 a year on top of his basic £1.3m salaryLloyds chief executive António Horta-Osório has been summoned in front of MPs over executive pension payments that have allowed him to pocket an extra £419,000 a yea…

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