Thousands of Clydesdale Bank small business customers with fixed-rate loans will not be covered by the banking review aimed at compensating the victims of mis-selling.
Thousands of Clydesdale Bank small business customers with fixed-rate loans will not be covered by the banking review aimed at compensating the victims of mis-selling.
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Simon Bain
The Clydesdale is one of six smaller banks which will be brought into the review process later this month, following the Financial Services Authority's finding that 90% of firms in a pilot study with the big four banks were mis-sold complex interest rate swap agreements.
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