At the time of writing, the banks are mulling whether to mount an appeal after they lost their judicial review against an FSA ruling on payment protection insurance (PPI).
It is a major blow for the banks with some estimates saying the ruling could lead to a huge £4.5bn bill as they will now have to contact all past PPI customers and invite them to complain if they thought...
Architas advent calendar – 11 December
Architas advent calendar – 10 December
The chairman wonders if Gervais Williams is the new David Attenborough
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Guidance on closed-book customers