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Banks should 'speed up PPI compensation'

Wednesday, 22 February 2012

Only a quarter of the amount set aside by lenders for mis-sold payment protection insurance was paid out last year

Banks have been urged to pay back faster compensation for mis-sold payment protection insurance (PPI) after figures showed that only a quarter of the amount set aside by lenders was paid out last year.

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Source: Bloomberg - on February 15, 2012

News video: Greek Resolution to Support Banks, BNP CEO Says

Greek Resolution to Support Banks, BNP CEO Says

Feb. 15 (Bloomberg) -- Jean-Laurent Bonnafe, chief executive officer of BNP Paribas SA, says the euro zone should stabilize after the Greek debt crisis reaches a resolution. Linzie Janis and Owen Thomas report on Bloomberg Television's "Countdown

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