swaps

19-August-2015

Barclays has given customers participating in the FCA backed review of the sale of interest rate hedging products until 15 October 2015 to accept the bank’s redress offer or receive nothing under the review.  The other major banks implicated in…


24-October-2013

Still only 22 settlements during September out of a possible 29,000. Many customers are reluctant to accept an offer that ignores the long term damage the swap has done to their business. If a bank accepts that a swap has…