Barclays 'to Cave in Over Ppi Battle' [Edition 3]

Mail on Sunday › May 08, 2011

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Summary

BARCLAYS is expected to concede defeat this week and abandon a legal fight on payment protection insurance (PPI) misselling.

Executives from the bank and HSBC and the Royal Bank of Scotland were locked in talks yesterday, with HSBC thought to be more strongly in favour of a battle.

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Extract

Barclays 'to Cave in Over Ppi Battle' [Edition 3]

Lloyds Banking Group last week announc...

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