Company News 

Banks forced to hike PPI provisions

Banks forced to hike PPI provisions

Another trio of UK-listed banks have been forced to raise the level of provisions for historic mis-selling of payment protection insurance due to a higher-than-anticipated number of claims during the month prior to the 29 August deadline. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now