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    UK lenders in new insurance mis-selling scandal

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    euronews (in English)

    by euronews (in English)

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    Britain's banks are to be hit with another big bill for mis-selling financial products to their customers.

    This time it involves credit card insurance policies

    Thirteen banks and credit card issuers, along with the insurance company CPP, have agreed a deal with regulators under which they will pay out the equivalent of 1.5 billion euros to seven million customers.

    ...
    http://www.euronews.net/