Third wave of compensation claims launched in group action against banks

Clydesdale bank sign

Litigation specialist RGL Management Limited has today filed a further tranche of claims in the ongoing group action against Clydesdale Bank plc including Yorkshire Bank (Clydesdale), now part of Virgin Money UK plc, and its former owner National Australia Bank Limited (NAB).

The action relates to fixed interest rate loans or “Tailored Business Loans” (TBLs) sold to business customers between 2001 and 2012.

The claim form was filed on behalf of a further 365 SMEs representing 609 individual loans.

in News

This website places cookies on your device. Refer to our Cookie Policy to see how we use cookies. By continuing to use the site, we’ll assume that you are happy for us to set these on your device. Find out more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.