Category : Search result: FCA investigation


FCA's £4bn Car Finance Scheme 'Robbing Victims'

Exclusive: The Financial Conduct Authority's proposed compensation scheme for the car finance mis-selling scandal faces massive backlash for potentially short-changing victims out of billions.

UK Banking Crisis: Customers Report Empty Accounts

Thousands of British banking customers face financial chaos as Santander, Barclays and Halifax experience severe technical failures causing accounts to show zero balances and disappearing transactions.

Lloyds & Santander Face Treasury Car Finance Probe

Exclusive: The Treasury Committee intensifies its investigation into discretionary commission arrangements, now targeting major banks including Lloyds and Santander over car finance practices.

£343M WhatsApp investment scam exposed in London

Exclusive investigation reveals how Ibrahim Helmy allegedly masterminded a sophisticated investment fraud through WhatsApp, leaving victims millions out of pocket in one of Britain's most audacious financial crimes.

UK Savings Crisis: Investment Scams Surge 42%

Exclusive investigation reveals British savers lost over £1.2 billion to sophisticated investment scams in the past year, with fake cryptocurrency schemes leading the devastating surge in financial fraud.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Trustpilot Scam: Fake Reviews Cost Investors Millions

Exclusive investigation reveals how fraudulent investment firms are manipulating Trustpilot reviews to appear legitimate, costing UK investors their life savings. Learn the red flags and how to protect yourself.

UK Banks Investigated Over Motor Finance Commissions

Major British banks including Barclays, Lloyds and Santander face regulatory scrutiny over controversial motor finance commission arrangements that could trigger significant compensation payouts.

Romance Scam Crisis: UK Banks Sound Alarm

Financial authorities warn of sophisticated romance scams sweeping Britain, with victims losing thousands to fake online relationships. Learn the red flags and protect yourself.

Romance Scam Epidemic: Banks Repay Victims

Exclusive investigation reveals UK financial institutions are being compelled to reimburse customers duped by sophisticated romance scams, with new FCA data showing alarming fraud patterns.

AI Stock Market Crash Warning Issued by Regulators

Financial regulators sound alarm over AI-driven trading algorithms creating catastrophic market collapses. New research reveals how artificial intelligence could trigger the next financial crisis.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Lloyds sets aside £450m for car finance claims probe

Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.

Lloyds adds £800m to car finance compensation pot

Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.

Lloyds sets aside £450m for car finance probe

Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

Lloyds faces FCA probe over motor finance practices

The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.

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