All Entries Tagged With: "PPI"
Egg the bank owned by Citigroup fined £721,000
The online bank Egg, owned by Citigroup (NYSE:C) was found guilty of insurance mis-selling on its credit card payment protection insurance (PPI) to nearly half its customers over a three-year period by the Financial Services Authority (FSA).
According to the FSA around 40 percent of Egg customers who brought the controversial insurance between January 2005 and [...]
Dec 10, 2008 | Comments 0
FSA investigates further into loan protection insurance
The British financial watchdog the FSA is looking at ways to tighten its grip on Payment Protection Insurance providers, the FSA have been investigating how the insurance is sold alongside
Oct 01, 2008 | Comments 0