This is some text prior to the author information. You can change this text from the admin section of WP-Gravatar To change this standard text, you have to enter some information about your self in the Dashboard -> Users -> Your Profile box. Read more from this authorAnother cosumer support body has come out and made a case against the bank bossess, saying they should be personally fined if their Institutions are found to have mis-sold PPI to their customers. Adam Phillips, chairman of the Financial Services Consumer Panel (FSCP), has declared he wants the Financial Services Authority (FSA) to hold the most senior executives accountable for the mis-selling.
This is a view shared by many people both inside and outside the banking industry but it’s one that suffered a minor set-back after Barclays won an appeal against the Competition Commission’s proposed PPI ban. One thing’s for sure; if bank executives were held personally accountable and made to pay-out, there’s a lot of Bentley, Jaguar and BMW salesmen out there that may well lose their best customers. Shame.
You can read more about this in the Guardian.
Related posts:
