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http://www.theguardian.com/business/2014/jul/30/barclays-ppi-claim-extra-900m-pounds-profits-fall
Barclays' PPI claims rise by £900m as profits fall Rising mis-selling claims come amid a sharp fall in investment bank profits and additional scrutiny by US authorities The cost of the payment protection insurance scandal escalated again on Wednesday as Barclays took another £900m provision to cover the costs of compensating customers mis-sold the insurance product. The additional provision takes Barclays' total bill for claims to £4.8bn. The bill for the industry as a whole is estimated by consumer body Which? to have already topped more than £23bn. In eight pages of legal warnings attached to its interim results, the bank admitted it was being subjected to additional scrutiny by the US authorities for another year as the Department of Justice was extending the two year non-prosecution agreement (NPA) put in place at the time of its £290m Libor rigging fine in June 2012. That NPA, which subjects the bank to tough oversight, would have expired last month but has been extended because of the ongoing investigations into alleged foreign exchange manipulation, which much of the industry is facing |
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can't say anything here dusty but some really big sh1t going to hit them in the next year or so, if you've got shares then dump them.
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It really wouldnt surprise me BB, but for purely principled reasons if nothing else Id never have had shares with any of em anyway.
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I'm still boycotting them for apartheid, it'll be a while before I can get round to boycotting them for PPI and Libor I might have to leave to my kids.
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Well theres possibly the exchange rate thing after that and Im not sure how involved this lot were with the silver jobby, but they might have fingerprints on that un too.
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It seems the actions of these lot come in various flavours, and all taste of 5hit.....and thats the ones we know of upto now!!!
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Why are people surprised that bankers turned out to be as greedy selfish and dishonest as everyone else in this country?
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Its the pathetic nature of their adverts, suggesting they help old people setup facebook accounts, as though they are here to help. We all know they are greedy.
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Pensions end up collapsing due to investors in their shares....but dont worry we will help with facebook, fooking hilarious
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I thought they were setting up Skype for that old boy so they could mis-sell him stuff easier.
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Im glad I don't work in a bank. Some people dont seem to be able to differentiate between millionaire investment bankers and low paid branch staff who may genuinely enjoy helping old people.
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Low paid branch staff with sales targets. As they are talking about Facebook they will try and sell you something.
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You mean they will do their job?
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The sales staff dont make company policy nor marketing bilge.
The company decide to shaft all then paint a picture that they help the community. Indeed the individuals working in the bank arnt the ones who run off with the money, and unfortunately they in most cases have little option but to take the work available. |
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Its like a seasoned kleptomaniac getting community service painting fences
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*apologies I mean arsonist, good knows why I was thinking kleptomaniac
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http://www.dailymail.co.uk/news/article-2608123/Barclays-new-overdraft-rates-nearly-bad-payday-loans-Banks-investigated-regulation-changes.html
Bank overdraft charges are being investigated amid evidence that some are almost as expensive as payday loans. Regulator the Financial Conduct Authority fears customers may not understand how fees are worked out in systems that can vary widely between banks. Barclays is changing to a new charging regime which it says will be simpler for customers. However some will see their charges rise by as much as 15 times. But the move has triggered a backlash on the bank’s Facebook page, with customers threatening to leave in protest. Read more: http://www.dailymail.co.uk/news/article-2608123/Barclays-new-overdraft-rates-nearly-bad-payday-loans-Banks-investigated-regulation-changes.html#ixzz38zP4dI6r Follow us: @MailOnline on Twitter | DailyMail on Facebook At least Diick Turpin wore a mask ![]() ![]() ![]() ![]() |
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Preparing the elderly to get used to online confidence because they-Barclays will be closing down 100`s of branches in the near future?.
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Preparing the elderly to get used to online confidence because they-Barclays will be closing down 100`s of branches in the near future?.
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Oh well if its a way to make bankers unemployed I've changed my mind. I'm all for it.
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I shall have to confer with youngest daughter as she's a branch manager.
(correct thread this time) |
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She might be too busy dealing with randy old gits trying to poke her
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This thread is beyond my frame of reference
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