Banks Rocked by ‘Extreme’ Car Loan Costs Gear Up for FCA Fight

The UK’s biggest banks are gearing up for yet another fight with regulators over how they’ll compensate consumers who were missold car loans — even after they set aside an additional £1.5 billion to resolve the saga in recent weeks. Barclays Plc on Wednesday said it had roughly quadrupled the amount of cash it has … Read more