UK insurance case: Banks lobby to avert new wave of payouts

Thu, Aug 13, 2015 - 5:50 AM

London

BRITAIN'S largest banks are lobbying regulators to stop a court ruling from sparking a new wave of redress for improperly sold insurance, people familiar with the matter said, payments that may cost tens of billions of pounds.

The British Bankers' Association (BBA), which

British Bankers Association
Plevin case
payment protection insurance

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