Senecabanking.co.uk

29 Feb 2016 Seneca Banking, a leading UK financial expert offering specialist advice to a wide range of businesses who have been mis-sold Interest Rate Hedging Products, have branched out in to the investment advisory market by launching Cooper Stern...

26 Feb 2016 The Royal Bank of Scotland (RBS) have set aside an additional £2 billion to cover compensation payments for financial mis-selling and past misconduct. £1.5 billion has been set aside to cover litigation costs in the US for mis-selling toxic...

19 Feb 2016 Around 3 and a half years have now passed since the FCA identified serious failings in the way in which high street banks sold interest rate hedging products, or swaps generally, to small and medium-sized enterprises. Swaps, which are extremely...

15 Feb 2016 The National Audit Office (NAO) is soon set to publish a report in to the Financial Conduct Authority (FCA) and other bodies which deal with financial mis-selling claims. The FCA, the Financial Ombudsman Service (FOS) and the Financial Services...

09 Feb 2016 When the FCA Interest Rate Hedging Product review (“the review”) was set up in 2012 few could have predicted how the process would evolve over the next three years.  The theory behind the review was quite simple.  The Banks would identify...