Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Bank claim: Minister calls for bank clean up

Minister for cities Greg Clark has promised that he will make UK banks the cleanest in the world despite recent scandals.

Following news that Royal Bank of Scotland (RBS) was fined £390 million for its part in the Libor scandal, making it the second biggest fine received in the Libor scandal so far, Mr Clark said that Britain’s financial services had faced “another day of shame”.

RBS have since been told by US authorities to enforce tighter internal procedures and policies to stop such a scandal happening again.

He said that UK banks need to re-learn ethical standards following their involvement in not only the Libor scandal but also the payment protection insurance (PPI) and interest rate swap mis-selling scandals.

The Banking Reform Bill was also recently put through Parliament as a means of improving the way that UK banks are run, saying that their investment arms and retail arms should be ring fenced to avoid taxpayers needing to bail them out again.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.ADNFCR-2776-ID-801537513-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide