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Home | Banks agree SME rate-hedging redress |
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Banks agree SME rate-hedging redress
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- June 29, 2012
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Having found serious failings in the sale of interest rate hedging products to Britain’s small and medium-sized businesses, the Financial Services Authority (FSA) has announced that it has reached agreement with Barclays, HSBC, Lloyds and RBS to provide appropriate redress where mis-selling has occurred. According to the regulator, the sale of these products had a [...]
- Read more at:http://www.bankingtimes.co.uk/2012/06/29/banks-agree-sme-rate-hedging-redress/
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