Thursday, January 31, 2013

FOXBusiness.com: UK Banks Face Interest-Rate Hedge Payout

FOXBusiness.com
FOX Business Network - The Power to Prosper
UK Banks Face Interest-Rate Hedge Payout
Jan 31st 2013, 14:58

The U.K.'s four largest banks may have to pay compensation to thousands of small businesses who were sold interest-rate hedging products that they didn't need or understand after a review by regulators uncovered "significant" misselling.

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