Banco Santander, Banking, Business, UK news Business | The Guardian
Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bnBusiness live – latest updatesSantander UK has delayed the release of its third-quarter results at the last minute as it scrambles to review last week’s landmark court judgment into car finance misselling that some analysts say could cost the lender £1.1bn.The bank was scheduled to release its latest quarterly earnings report on Tuesday morning, alongside those of its Spanish parent company, Banco Santander. The British arm, however, announced on Monday evening that it was withholding its report while it reviewed Friday’s court of appeal ruling into commission payments on car loans. Continue reading…
Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn
Business live – latest updates
Santander UK has delayed the release of its third-quarter results at the last minute as it scrambles to review last week’s landmark court judgment into car finance misselling that some analysts say could cost the lender £1.1bn.
The bank was scheduled to release its latest quarterly earnings report on Tuesday morning, alongside those of its Spanish parent company, Banco Santander. The British arm, however, announced on Monday evening that it was withholding its report while it reviewed Friday’s court of appeal ruling into commission payments on car loans.
