UK banks pay out fraction of swaps mis-selling claims

LONDON (Reuters) – Britain’s biggest banks have so far paid out less than 10 percent of the 3.75 billion pounds ($6 billion) they have set aside to compensate small firms mis-sold interest rate hedging products, data from the financial regulator showed on Tuesday.

    



Link to article: uk.reuters.com/article/2014/02/04/uk-banks-misselling-idUKBREA130BX20140204?feedType=RSS&feedName=topNews

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