Clydesdale Bank and National Australia Bank to face suit over alleged mis-selling.
BANKING AND CREDIT NEWS-October 11, 2023--Clydesdale Bank and National Australia Bank to face suit over alleged mis-selling
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Global Banking News - 11 October 2023
UK-based Clydesdale Bank, part of Virgin Money (LON:VM), and its former owner, National Australia Bank (OTC: NABZY) (NAB), are to face a suit for alleged mis-selling.
The banks will have to counter allegations of unfair break fees on tailored business loans. The banks are being sued by four firms and a larger group of 900 small businesses.
The firms are...
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