Global Banking Profits Fall Due To PPI Payouts

As a result of Payment Protection Insurance (PPI) claims being lodged against the United Kingdom arm of Santander. Europe's largest bank has announced that they will be setting a side, six hundred and twenty million euro's to cover contemporary and expected claims being lodged against Santander UK. The result of this will be a drop in first half profits for the Spanish Banking Giant.
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This entry was posted on Monday, August 22nd, 2011 at 7:17 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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