National Australia Bank and its former British subsidiary Clydesdale & Yorkshire Banking Group have broken cover to emphatically reject the claims made in a British class action suit, setting the stage for a potential courtroom
THE owner of Clydesdale Bank has clashed with a claims firm suing it for allegedly mis-selling complex loans as court action potentially worth hundreds of millions of pounds looms. Clydesdale Bank plc, now part of
Almost half a million Australians will today receive notice from the Federal Court advising of an “insurance rip-off” class action, in what the firm leading the class action is calling “one of the largest court-ordered
SEVERAL banks and building societies are yet to sign up to a new code designed to protect people from payment scams, Which? has revealed. Research from the consumer group found, as of the start of
SHARES in CYBG tumbled nearly 10 per cent yesterday, after the Clydesdale Bank and Virgin Money owner signalled its full-year interest-rate margin would be at the lower end of previous guidance. The bank also reported
Clydesdale Bank owner CYBG said trading in the nine months to 30 June was in line with expectations in an update today. It added that good progress was being made with the integration of Virgin
Banking group CYBG has pledged to provide greater transparency on how it rewards its top bosses in the wake of a shareholder revolt at its last AGM. More than a third of votes cast by
A few hundred million here, a billion there. A running total of nearly £50 billion. That isn’t how much profit Britain’s banking industry has made in the past ten years. It is how much the banks
Clydesdale and Yorkshire Bank is considering asking its shareholders what they think of the pay of its top executives. Since everyone knows what the answer would be, only a select band of shareholders is being
Virgin Money plans to transfer its savers to Clydesdale Bank on October 21. Clients will have up to £85,000 of cover under the Financial Services Compensation Scheme if the bank fails. Currently they benefit from
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