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PPI 12/05/2012

09:46 : EUR/USD Fluctuates as Greece is Still Factor of Uncertainty - EUR/USD fluctuated today, heading to a weekly loss, as fears that Greece would drop the euro still plague the Forex market. In the United States, the Producer Price Index unexpectedly ...
Source : earnforex-com

PPI 11/05/2012

02:37 : DATA SNAP: China April PPI Down 0.7% On Year; Market Expected Down 0.5% - BEIJING -(Dow Jones)- China's producer price index fell 0.7% in April from a year earlier, after it dropped 0.3% in March, data from the National Bureau of Statistics showed Friday. The median forecast from 15 economists in a Dow Jones Newswires survey ...

PPI 07/05/2012

21:16 : HSBC to increase money set aside for PPI mis-selling claims - HSBC is set to increase the amount of money it will set aside to settle claims for mis-sold payment protection insurance, In its first-quarter trading update on Monday.
Source : telegraph-co-uk

PPI 02/05/2012

21:03 : RBS to boost PPI compensation fund - report - LONDON (Reuters) - Royal Bank of Scotland is set to announce on Friday that it will set aside a further 125 million pound to cover compensation for mis-selling loan insurance, Sky News reported.
Source : reuters-com

PPI 26/04/2012

21:48 : CORRECT: Barclays Underlying Performance Gains; Hit By Own Debt, PPI - ("UPDATE: Barclays Underlying Performance Gains; Hit By Own Debt, PPI," at 03:19 EDT, misstated Barclays PLC's first-quarter investment-banking revenue and revenue growth rate in the seventh paragraph. The error ...
09:19 : New £300m PPI Bill Hits Profits At Barclays - Barclays bank made a statutory pre-tax loss of £475m in the first three months of the year after being hit by a massive accounting loss and a bigger compensation bill for the mis-selling of Payment Protection Insurance.
Source : news-sky-com
09:13 : Barclays pummelled by another £300m hit from PPI claims - Stripping out the cost of repaying PPI and a £2.6billion accounting loss on its own debt, the bank reported a 22% rise in pre-tax profits to £2.4billion in the first three months of 2012.
08:16 : Barclays takes £300m hit on mis-sold PPI claims - Banking giant Barclays took an additional £300 million hit to cover payment protection insurance mis-selling claims today but unveiled a higher-than-expected rise in quarterly profits.
07:53 : PPI provisions surge past £6bn - Barclays, HSBC and Royal Bank of Scotland are to increase their provisions for payments relating to the mis-selling of payment protection insurance, taking total provisions across the biggest financial ...
Source : citywire-co-uk
07:20 : Barclays PPI exposure rises by £300m - The bank had warned in March that it might have to raise the provision for payment protection insurance claims and it confirmed the extent of that increase on ThursdayA higher than expected volume of claims for payment protection insurance compensation ...
Source : guardian-co-uk

PPI 23/04/2012

02:57 : Australia 1Q Final PPI -0.3% On Quarter; Consensus +0.4% - SYDNEY -(Dow Jones)- An index of final Australian producer prices fell 0.3% in the first quarter of 2012 from the fourth quarter of 2011 and rose 1.4% from a year earlier, the Australian Bureau of Statistics said Monday. The index ...

PPI 19/04/2012

19:23 : Consumers can reclaim mis-sold PPI for free - Consumer groups are encouraging victims of PPI mis-selling to claim their money back themselves, without the help of a claims management company. An intensive ‘no win no fee' advertising campaign is tempting many companies to turn ...

PPI 09/04/2012

03:00 : DATA SNAP: China March PPI -0.3% On Year; Market Expected -0.3% - BEIJING -(Dow Jones)- China's producer price index fell 0.3% in March from a year earlier, after a flat reading in February, data from the National Bureau of Statistics showed Monday. The median forecast from 15 economists in a Dow Jones Newswires ...

PPI 30/03/2012

18:24 : Barclays hints at higher PPI liability - Barclays has been forced to insert a new statement in its regulatory filings in the US to admit that the pace of PPI claims by customers has risenBarclays has hinted that it might need to increase its £1bn provision for mis-selling ...
Source : guardian-co-uk

PPI 28/03/2012

12:35 : Barclays tops FSA complaints list - Continued surge in PPI complaints increased the total number of complaints to financial providers by 21% between June and December 2011, says the Financial Services AuthorityBarclays was the most complained about bank in the last half of 2011, ...
Source : guardian-co-uk

PPI 28/02/2012

13:59 : Barclays tops PPI complaints list - Barclays was the most complained-about bank in the last six months of 2011, according to the financial ombudsman, with nearly 12,000 cases brought by consumers.

PPI 23/02/2012

11:43 : RBS results: Losses deepen to £2bn after PPI hit but staff share £785m ... - The bank, which is 82 per cent state-owned, saw its losses soar from £1.1billion in 2010 after taking a near-£1billion hit for mis-sold payment protection insurance compensation.
09:22 : Royal Bank of Scotland losses deepen to £2bn after PPI hit - but staff ... - The bank, which is 82 per cent state-owned, saw its losses soar from £1.1billion in 2010 after taking a near-£1billion hit for mis-sold payment protection insurance compensation.

PPI 03/02/2012

03:31 : Passport Potash Adds Former United States Congressman to the Board of ... - Hong Kong, Feb 3, 2012 - (ACN Newswire) - Passport Potash Inc. ("Passport Potash" or the "Company"; TSX.V:PPI; OTCQX:PPRTF), an American resource company, is pleased to announce that former United States Congressman Matthew Salmon ...

PPI 06/11/2011

22:15 : Letters: Diamond's vision for better banks - Bob Diamond refers to the banks now needing to demonstrate to the public that they act with trust and integrity (Banks can be good citizens, 4 November). But how does this square up to much of what has happened in financial institutions ...
Source : guardian-co-uk

PPI 28/09/2011

10:40 : Barclays tops FSA complaints list - Barclays, Lloyds and Santander are the three most complained about banks, with PPI cited as the major source of objectionBarclays is the most complained about bank in Britain, with aggrieved customers lodging more than a quarter ...
Source : guardian-co-uk

PPI 25/08/2011

08:55 : Customer complaints down at Barclays - Barclays has improved its customer service, with new complaints down 9% in the first half of 2011, compared with the previous six-month period, to 251,563. However, in the general insurance and protection category, volumes increased 25% ...

PPI 12/08/2011

09:28 : DIARY- Greece to September 30, 2011 - This diary is updated daily and new listings or amendments are marked "*". All times are provisional and in GMT; +3 to get Greek time. _____________________________________________________________ DATE GMT/LOCAL INDICATOR PERIOD F/CAST PRIOR ------------------------------------------------------------ ...
Source : reuters-com

PPI 05/08/2011

11:53 : RBS H1 profits hit by Greek crisis and PPI costs - The Royal Bank of Scotland (RBS) has today unveiled a loss of £1.4 billion for the six months to the end of June. The bank, which is 84% owned by the taxpayer, said its exposure to the Greek debt crisis and costs relating ...

PPI 04/08/2011

09:48 : FTSE LIVE: Shares struggle as Lloyds confirms PPI hit, while Inmarsat ... - The FTSE 100 is struggling again today with losses for Lloyds after it confirmed a £3.2billion bill for mis-selling, while satellite service provider Inmarsat saw shares plunge on a profits downgrade.

PPI 03/08/2011

00:05 : Barclays announces job cuts after PPI costs hit bottom line - BARCLAYS became the latest bank to slash jobs yesterday after announcing that compensation payments to customers mis-sold insurance products contributed to a sharp slump in pr
Source : scotsman-com

PPI 02/08/2011

08:13 : Barclays profits fall, hit by £1bn PPI bill - • Barclays profits down 33% to £2.6bn • 3,000 jobs to go this year • £2.3bn of profit came from Barclays Capital • Bob Diamond calls for regulatory clarityBarclays is preparing to cut 3,000 jobs during ...
Source : guardian-co-uk
07:58 : PPI scandal takes toll on Barclays as half-year profits drop 33% to £2.6b - Banking giant Barclays saw a 33% drop in profits to £2.6 billion in the first half of the year as the payment protection insurance scandal took its toll.
07:43 : Barclays profits drop after PPI scandal payout - Banking giant Barclays saw a 33% drop in profits to £2.6 billion in the first half of the year as the payment protection insurance scandal took its toll.

PPI 27/07/2011

08:33 : Spain's Santander H1 profit hit by PPI claims in UK - MADRID (Reuters) - Spain's Banco Santander SA is to take a one-off charge of 620 million euros (547 million pounds) to provide for insurance mis-selling claims in Britain, hurting its first-half profit.
Source : reuters-com
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