(1) So the coalition inherited a market with too few competitors, a confusing plethora of tariffs and consumer trust damaged by doorstep misselling.
(2) The regulator is keen to avoid a re-run of the payment protection insurance misselling scandal which, while on a much larger scale, was delayed for years while the banks argued with the FSA in the courts.
(3) RBS has also set aside £3.2bn for misselling customers payment protection insurance.
(4) 3.30pm BST Myners cited the Co-op's PPI misselling compensation as another sign that it wasn't being run properly.
(5) Consumers will also be given the right for the first time to take "class action" suits – common in the US – through the courts in cases of large-scale wrongdoing such as endowment misselling or personal pensions.
(6) From the start of this year, the bank has changed the way it pays the staff in its retail division to remove the link between sales and bonuses, with a view to cutting misselling bills.
(7) If the man from the Pru did that I would take him to court and sue him for pension misselling.
(8) Ofgem is also investigating Scottish Power, Scottish and Southern Energy, EDF Energy and npower for misselling and is carrying out two investigations into Scottish Power for potentially misleading marketing and the difference between its standard credit and direct debit tariffs.
(9) Friday's announcement by the FSA about interest rate swap misselling follows a two-month review during which 100 customers came forward to complain about their treatment by the banks, which sold 28,000 of these products intended to help protect against interest rate movements during a 10-year period.
(10) In its latest update, it has set aside £295m for compensation for missold loans, including £33m to cover claims for payment protection insurance misselling.
(11) Over the five years to 2015, Barclays, HSBC and the bailed-out Lloyds Banking Group and Royal Bank of Scotland have together incurred costs of £55.8bn to cover so-called conduct and litigation issues, after being penalised for rigging Libor and foreign exchange markets, and having to compensate customers for misselling payment protection insurance .
(12) The Financial Conduct Authority (FCA) stunned the industry on Tuesday by proposing a deadline of June 2019, rather than the spring 2018 cutoff it had suggested in October in a move intended to draw a line under the costliest ever misselling scandal.
(13) The bank – one of the highest dividend payers in the FTSE 100 – said that the government's bank levy on its balance sheet had cut its dividend by $0.05 per share as it had cost $904m last year, while it had set aside another $395m for misselling payment protection insurance and products to small businesses.
(14) In other news, Barclays has set aside another £1bn to cover the cost of misselling products to its customers.
(15) The Australian bank issued a profits warning in October because of the mounting cost of provisions for compensation over PPI and the misselling of interest-rate swaps - complex financial products designed to protect buyers against sharp movements in interest rates.
(16) The fine is a joint record for a retail-related offence, on a par with the one slapped on HSBC last December for misselling investments to eldery customers.
(17) Echoing the remarks of regulators, Walker said that "in principle" he agreed that customers should pay as it might prevent misselling of financial products.
(18) These included possible further provisions for payment protection insurance mis-selling, misselling interest swaps to small businesses and the sale of mortgage bonds in the run-up to the financial crisis.
(19) He also wondered whether the extra £465m provision for misselling payment protection insurance - included in RBS's £3bn figure - could have an impact on Lloyds Banking Group, which has already incurred an £8bn bill for the scandal.
(20) But I guess it'll be less hassle than cleaning up Fred Goodwin's mess, being lambasted by the media over the Libor scandal and PPI misselling, and apologising for RBS's tech problems.
Misses
Definition:
(pl. ) of Miss
Example Sentences:
(1) City badly missed Yaya Touré, on international duty at the Africa Cup of Nations, and have not won a league match since last April when he has been missing.
(2) Despite a 10-year deadline to have the same number of ethnic minority officers in the ranks as in the populations they serve, the target was missed and police are thousands of officers short.
(3) Amid the acrimony of the failed debate on the Malaysia Agreement, something was missed or forgotten: many in the left had changed their mind.
(4) He missed the start of the season while rehabbing from last season's ankle injury, played exactly six games with the Los Angeles Lakers before getting hurt again and even if he's healthy he may still sit the game out .
(5) In that respect, it's difficult to see Allen's anthem as little more than same old same old, and it's probably why I ultimately feel she misses the mark.
(6) Moreover, it allows the clinician to be alert towards findings which could be missed when not carefully searched for and which may be useful to raise or strengthen the suspicion of this disease.
(7) The striker missed the whole 2006-07 season but returned to make 35 appearances in 2007-08.
(8) They would say 'Here comes Miss Marple' when I came by."
(9) They have already missed the critical periods in language learning and thus are apt to remain severely depressed in language skills at best.
(10) I have the BBC app on my phone and it updates me, and I saw the wire ‘Malaysian flight goes missing over Ukraine.’ I’m like, well it’s probably the Russians who shot it down.
(11) The type of semantic categories missing from the UMLS consisted mainly of modifier information relating to certainty, degree, and change type of information.
(12) On the other hand, the total number of missing hair cells, irrespective of location, was a good, general indicator of the hearing capacity in a given ear.
(13) They said it shows Bergdahl, now 27, in poorer health than previous footage taken in the years since he went missing in Afghanistan on 30 June 2009.
(14) Phosphoglucomutase 1, an enzyme mapping on the short arms of chromosome 1, is constantly missing in the leukemic cell line K-562 in spite of the presence of three No.
(15) We report a case of popliteal vein obstruction by an osteochondroma, arising from the proximal tibia, in which the diagnosis was initially missed.
(16) the EcoR1 fragment of 8.6 kbp length which contains the oriC region (Marsh and Worcel, 1977; v. Meyenburg et al., 1977; Yasuda and Hirota, 1977) is missing.
(17) In patients with less than 15 diverticula, 3.1% of lesions were missed, while in those with more than 15 diverticula, 20.4% of tumors were undetected.
(18) The fitting element to a Cabrera victory would have been thus: the final round of the 77th Masters fell on the 90th birthday of Roberto De Vicenzo, the great Argentine golfer who missed out on an Augusta play-off by virtue of signing for the wrong score.
(19) Thirty-eight bodies have been removed from the mass graves, but DNA tests have shown that none is that of a missing student.
(20) The interplay of policies and principles to which Miss Nightingale subscribed, the human frailty of one of her women, Miss Nightingale's illness, and the confusion and stress which characterized the Crimean War are discussed.