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MSE News: HSBC sets aside an extra £353m to pay for PPI mis-sellling

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Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
in Reclaim PPI & other insurance
HSBC has put aside an additional £353m for PPI mis-selling taking its total bill to £2.46 billion ...
Read the full story:

HSBC sets aside an extra £353m to pay for PPI mis-sellling

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Comments

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    I don't know why MSE insists on posting such "news" on the forum. The Banks have been regularly setting aside extra money to pay PPI redress for literally years now..
  • VT82
    VT82 Posts: 1,085 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Does anyone still read these 'news' articles?

    I literally only read them so that I can click through to the forum and see if anyone has posted a 'who cares?' post, so that I can nod sagely in agreement, or if I'm feeling so inclined, to follow in their footsteps.
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    VT82 wrote: »
    Does anyone still read these 'news' articles?
    I just read the thread title personally; certainly didn't click the link to the article.
  • VT82
    VT82 Posts: 1,085 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Moneyineptitude wrote: »
    I just read the thread title personally; certainly didn't click the link to the article.

    I ended up in the forum the other way - clicking on the link at the bottom of the news article. I try and read all the news articles that appear on the right hand side of the MSE homepage, in the mistaken belief that there might be something 'new' or 'newsworthy' in said 'news'.
  • Mysteek
    Mysteek Posts: 232 Forumite
    Part of the Furniture Debt-free and Proud!
    Since the above news report, has anyone received a letter from HSBC?
    MFIT #73 - Pay all mortgage off in 3 years[STRIKE] £46,400[/STRIKE]£34,295 PAID £12,105
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Mysteek wrote: »
    Since the above news report, has anyone received a letter from HSBC?
    Why should anyone receive a letter from the Bank about this? They've simply set aside extra money to pay for PPI redress..

    The only people affected by this are Bank shareholders..
This discussion has been closed.
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