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Santander raises PPI provision | Business | theguardian.com

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  • Santander raises PPI provision | Business | theguardian.com

    Santander has increased its provision for the mis-selling of payment protection insurance (PPI), adding to the mounting cost of the scandal for the banking industry. The £65m additional cost to the UK arm of the Spanish bank dented its first half profits, which were also knocked by a series of other provisions such as £304m […]

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