Clydesdale Bank fined £9m
Clydesdale Bank has been fined £8.9 million by the City regulator after it forced 22,000 customers into higher mortgage repayments when it tried to correct an error by staff.
Clydesdale Bank has been fined £8.9 million by the City regulator after it forced 22,000 customers into higher mortgage repayments when it tried to correct an error by staff.
The shortfalls in Clydesdale mortgages range from less than £20 to more than £18,000, with an average of £970, the City regulator found.
Clydesdale, which is owned by National Australia Bank, sent letters to customers in 2009 which suggested they had no alternative but to bring their repayments up to date
However, many customers could have rejected demands to repay the shortfalls caused by Clydesdale's calculation errors.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.