Taxpayer-backed Royal Bank of Scotland has set aside another £400 million to compensate customers it flogged worthless payment protection insurance to.
Bank of Scotland (BoS) has been fined £4.2 million by the City watchdog after an incredible blunder which saw it compensate the wrong people as it held shoddy customer data.
The bill for mis-sold payment protection insurance (PPI) at Barclays soared to £2 billion today as claims against the banking giant continue to pile up.
Santander has scrapped plans to force 230,000 small business customers to pay a fee for a current account marketed as being "free forever" following a backlash.
6 September 2012
Suggest a story
Got a money-related news story that affects you? Email us