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Barclays (BCS), HSBC (HBC), Lloyds (LYG) and RBS (RBS) will have to “provide appropriate...

  • Friday, June 29, 2012, 3:55 AM ET
    Barclays (BCS), HSBC (HBC), Lloyds (LYG) and RBS (RBS) will have to “provide appropriate redress” in cases of mis-selling interest rate swaps to customers, according to the U.K.'s Financial Services Authority, adding that the mis-sales had resulted in a "severe impact" on a number of businesses.
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