The RBS Group is putting aside a further £100 million to cover compensation payouts for customers mis-sold payment protection insurance (PPI), it was announced today.
Barclays has set aside an extra £170 million to cover payment protection insurance (PPI) mis-selling claims, the bank has revealed in its financial figures today.
First Direct has secured top spot for bank customer service once again with more than 90% of its account holders rating its service as "great" - it has topped every bank service poll we've ever done. Meanwhile, Barclays picks up the wooden spoon for the first time.
If you've not enough money in your account and a payment bounces, you may be able to avoid the associated fee as more banks are to adopt a 'retry' scheme from September where they'll attempt to process the transaction again later in the day.
Over one-and-a-half million Barclays NISA customers will see their rates drop this autumn as the bank will be moving most of its old NISA customers onto a new deal.
Halifax was the big winner from the first three full months of the seven-day current account switching regime, according to new figures released today.
Lloyds Banking Group has set aside an extra £600 million to cover payment protection insurance mis-selling claims - taking its total PPI bill to over £10 billion.
Barclays' payment protection insurance (PPI) bill has climbed to £4.85 billion, after it announced it has set aside a further £900 million to pay for its part in the mis-selling scandal.
The personal current account market could face a full-scale investigation by the competition watchdog after its preliminary probe found it "lacks effective competition" and "does not meet the needs of customers".
18 July 2014
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