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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...

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