PPI Claim News - 27/11/2009

PPI Charges: Bankers celebrate review let-off

Bankers have congratulated a government review into the way banks are run for refusing to introduce a requirement that the names of employees earning over £1 million are disclosed.

The British Bankers' Association (BBA), which represents the interests of financial services employees, issued a statement saying that the decision was the right one.

Its chief executive Angela Knight commented: "Sir David Walker received widespread support.

"The banks have heard the call to publish this information, but they also see the risk in doing so, given that too many countries show no sign of following suit."

Sir David Walker, who led the government-commissioned review into bank governance, is himself a former banker, having previously been chairman of investment bank Morgan Stanley.

This week banks also scored a victory over the issue of bank charges, with the Supreme Court ruling that disputed fees could not be investigated further.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges from.

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