Car Finance Scandal Could Cost British Lenders £30 Billion Pounds in Compensation
British lenders might face a staggering £30 billion compensation bill due to the mounting car finance mis-selling…
Browsing Tag
Financial Regulation
UK Chancellor and Bank of England Governor Unite in Call to Strengthen EU…
In a significant development at the annual Mansion House dinner, Chancellor Rachel Reeves and Bank of England…
NatWest Bans WhatsApp as Regulatory Pressure Mounts on UK Banks
In a significant move to tighten communication controls, NatWest has implemented a comprehensive ban on WhatsApp…
Metro Bank Hit With £167 Million Pound Fine Over Money Laundering Failures
Britain's Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank for significant failures…
BMW Sets Aside £70 Million Pounds for Car Finance Commission Claims
The British car loans division of BMW has been compelled to allocate more than £70 million to address potential…
Pressure Mounts on Lloyds Bank to Release One Billion Pound HBOS Fraud Report
Senior political figures and business groups are intensifying their demands for Lloyds Banking Group to publish a…
Netflix Offices Hit By Tax Fraud Investigation Raids In Paris And Amsterdam
French and Dutch authorities have conducted raids on Netflix offices as part of a widening investigation into…
Car Finance Industry Faces £13 Billion Pound Crisis as Landmark Court Case Exposes…
A groundbreaking court ruling involving a £1,651 commission on a Suzuki Swift could trigger a devastating £13…
Directors Exploit Legal Loophole to Dodge Millions in Business Debts Through…
A controversial scheme enabling company directors to shed millions in debt obligations continues to operate despite…
Car Finance Industry Grinds to Halt as Court Ruling Sparks Crisis
Major car finance companies have suspended lending operations following a groundbreaking Appeal Court ruling,…
UK Banks Hold Emergency Talks With Treasury Over Car Finance Ruling Fallout
Leading financial institutions have engaged in urgent discussions with the UK Treasury amid growing concerns about…
Banks Win Battle to Slash Fraud Victim Payouts by 80 Percent
In a controversial decision, the Payment Systems Regulator (PSR) plans to significantly lower the maximum…
PwC China Braces for Six-Month Ban and Hefty Fine Over Evergrande Audit Scandal
The auditing giant PwC China has reportedly informed its clients that it anticipates a six-month ban from Chinese…