LONDON, Oct 4 (Reuters) - Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), ...

The payment-protection insurance scandal of the past few years in the United Kingdom generated a number of important industry lessons, particularly the need for better reaction to consumer feedback, ...

LONDON, April 14 (Reuters) - Britain's financial regulator has fined Clydesdale Bank 20.7 million pounds ($30.3 million) for failings in how it handled insurance mis-selling claims, representing its ...

LONDON, Sept 26 (Reuters) - Britain's financial watchdog threatened higher fines and unannounced swoops on firms on Wednesday after a probe into the sale of payment protection insurance found firms ...

RICHMOND, Va.--(BUSINESS WIRE)-- Genworth Financial, Inc. (GNW) today issued a statement in response to a UK High Court judgment in favor of AXA in the legal proceedings against Santander companies ...

PPI claims companies are the new cold-calling bane of so many lives. It's bad enough that the banks ripped off so many people by mis-selling payment protection insurance, but now there are scores of ...

Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...

Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the Payment Protection Insurance scandal, according to Nikhil Rathi, chief ...

Consumer champion Brunel Franklin says the claiming of secondary payouts on Payment Protection Insurance (PPI) cases is looking like the next big PPI mis-selling scandal. Yet with the Financial ...