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View Full Version : Mis-Selling PPI and Fraud Insurance: HSBC Stung With $164m Bill - IBTimes.co.uk



FraudNews
05-07-2013, 01:03 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEonfvAe9ZnR05FYhXKy4 Uo7wCBEwamp;url=http://www.ibtimes.co.uk/articles/465204/20130507/mis-selling-derivatives-hsbc-irsa-redress-provision.htmimg src=//nt2.ggpht.com/news/tbn/asY73G80oIGeLM/0.jpg alt= border=1 width=80 height=61 /br /font size=-2IBTimes.co.uk/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEonfvAe9ZnR05FYhXKy4 Uo7wCBEwamp;url=http://www.ibtimes.co.uk/articles/465204/20130507/mis-selling-derivatives-hsbc-irsa-redress-provision.htmbMis-Selling PPI and bFraud/b Insurance: HSBC Stung With $164m Bill/b/abr /font size=-1bfont color=#6f6f6fIBTimes.co.uk/font/b/fontbr /font size=-1According to the group#39;s first quarter interim management statement, HSBC paid $113m (£72.7m, €86.4m) in redress for payment protection insurance (PPI) and $51m for card bfraud/b protection policies associated with insurer CPP Group. Despite the bumper b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dEI-HlCrQD_KyuMamp;ned=en_zanobrb/b/nobr/a/font/div/font/td/tr/table

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