Banks pay out £215m in PPI compensation

Some £215m has been paid out by banks in payment protection insurance compensation for the first half of 2011, according to the Financial Services Authority.

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Lloyds Banking Group aims to be primary UK wealth adviser

Lloyds Banking Group has outlined plans to become the primary wealth adviser in the UK.

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HSBC culls adviser jobs due to RDR

HSBC is to cut 460 financial planning managers from its staff due to the expected outcomes of the RDR.

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