Monday, August 22, 2011
Global Banking Profits Fall Due To PPI Payouts
As a result of Payment Protection Insurance (PPI) claims being lodged against the United Kingdom arm of Santander. Europe's largest bank has announced that they will be setting a side, six hundred and twenty million euro's to cover contemporary and expected claims being lodged against Santander UK. The result of this will be a drop in first half profits for the Spanish Banking Giant. More information: read more about
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