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Topic: Interest rate swap

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  Up to 100,000 firms could have been mis-sold interest rate swaps

  February 11th, 2013 by Paul Stubbs - Litigation

  Last week we provided an update on the Financial Services Authority’s review into the mis-selling of interest rate swap agreements. Business Secretary Vince Cable has now said up to 100,000 firms could have been mis-sold interest rate swaps and UK lenders are expected to face a compensation bill of at least £1 billion as a… Learn more

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  The Financial Services Authority Redress Scheme

  January 29th, 2013 by Paul Stubbs - Litigation

  The Financial Services Authority (FSA) will this week be publishing the long awaited results on the interest rate swap redress scheme. It is anticipated the FSA will announce the results onThursday 31 January 2013 confirming the redress to be provided to small businesses that were mis-sold interest rate swap agreements by banks. The FSA redress… Learn more