Packaged account sales under fire by FSA
On the heels of the PPI racket comes another service being offered by building societies and banks in the UK, packaged accounts, which are currently being mis-sold to literally millions of customers....
View ArticleEntire MS Global US staff fired now all eyes on UK
It seems as though the debt crisis in the eurozone has far reaching tentacles that have impacted everyone from individuals to corporations to governments around the world. After bad investments in the...
View ArticleUK banks misselling another financial product
In recent weeks The Telegraph has been investigating allegations that UK banks have been misselling financial products to SMEs in the UK and there are growing concerns that the amount of reparation...
View ArticleInterest only mortgage loans subject of controversy
Recent statistics released by the FSA indicate that the housing market is really not faring as well as it appears to be on the surface. The whole problem resides in something termed an ‘interest only...
View ArticleUK besieged by mis-sold products
This week in retrospect has been highlighted by news of mis sold products from complex interest rate hedging financial products to mis sold energy deals. And, to make matters even worse, the claims...
View ArticleSix sentenced on insider trading
Prosecutors say that the ringleader of an elaborate insider trading scheme which resulted in 6 arrests and five convictions totalling sixteen years has slipped into Northern Cyprus in order to evade...
View Article
