The Independent: Ł22bn threat to banks in latest mis-selling ‘scandal’ that could riv

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The Independent: Ł22bn threat to banks in latest mis-selling ‘scandal’ that could riv

24th June 2014, 07:30:AM

An investigation by The Independent of the potential liabilities of British banks incurred from the mis-selling of interest rate protection products, known as swaps, has revealed that payouts could match the PPI scandal, which has so far cost them Ł22bn. Lloyds’ exposure has been estimated for The Independent to be a potential Ł5bn – and […]

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The Independent: Ł22bn threat to banks in latest mis-selling ‘scandal’ that could riv

The Independent: Ł22bn threat to banks in latest mis-selling ‘scandal’ that could riv

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