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FCA fines Barclays £26m for failing 1.5m customers

The Financial Conduct Authority has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26m for poor treatment of consumer credit customers in financial difficulties.

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Virgin Money bought in £1.7bn takeover deal

Virgin Money has been bought by the owner of Clydesdale Bank and Yorkshire Bank in a £1.7bn deal, creating a combined customer base of 6m people.

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MHA Carpenter Box appoints new partner

MHA Carpenter Box Wealth Management has made head of wealth management Roy Thompson DipPFS a partner.

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Bank escapes £29m fine but still lands largest ever PPI penalty

Clydesdale Bank has been handed the largest ever PPI related fine – leaving it having to cough up £20,678,300 for "serious failings" in its complaint handling processes. Read more...

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