1,044 complaints against advisers in six months
The Financial Ombudsman Service (FOS) has criticised a high street bank for improperly classifying a risk-averse couple as ‘experienced' investors, and ordered it to re-calculate its initial offer of compensation.
Bank of Scotland has been unfairly double billing customers who fell behind on their mortgages, a High Court judge in Belfast has ruled.
Lloyds Banking Group has been hit with a record fine by the Financial Conduct Authority (FCA) for retail conduct failings - related to serious flaws in the controls over sales incentive schemes - of over £28m. But what went so wrong?
The Financial Conduct Authority (FCA) has fined Lloyds Banking Group a record £28m "for serious failings" relating to its sales incentives.
The Financial Conduct Authority (FCA) has revealed that Barclays bank was the most complained firm in the first half of the year.
IFAs in Scotland could see regulatory costs rise, and have to deal with an inefficient compensation scheme, should the nation's electorate vote 'yes' to independence from the UK, a government report warned.
Barclays bank has been named as the Financial Conduct Authority's (FCA's) most complained about firm for the second half of last year.
Sir Mervyn King, the outgoing governor of the Bank of England, has written to a small business owner to offer his sympathies after the man's own bank refused him a loan.