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About Me


Found 5 results

  1. I have a dmp with Payplan, and I have been receiving phone calls, and not answering them on my mobile, but the other day I answered my home phone, and it was a company called Stake Your Claim, and they said they are acting on behalf of Payplan, and had all my details, of loans and credit cards. They asked had I paid PPI, and I replied NO, as I hadn't any PPI's on any of my debts. But they told me that that credit cards and loans have been putting PPI on loans etc, and just adding it into the interest. They said they would charge me 12 per cent, if any of my claims
  2. The Wellcome Trust, the UK’s largest medical research charity and one of the country's biggest investors, has sold its stake in Wonga, the online payday lender, in the wake of the continuing storm over the company’s activities. News of the sale of the investment - believed to be in the region of £7m - follows a series of negative comments from The Archbishop of Canterbury, the Most Rev Justin Welby, who said he wanted to put the company out of business by competing with it. Although the decision to sell the shareholding was made a number of months ago, it was completed at the end of last
  3. Royal Bank of Scotland has reported its best quarterly result in more than a year with a pre-tax profit of £826m and said it expects the goverment to be able to start selling its stake it the lender by the middle of next year or even earlier. The profit for the first three months of the year compares to a £1.5bn loss in the same period in 2012 and a £2.2bn loss in the final quarter of last year, largely as a result of a fall in impairments in losses from RBS's "bad bank". Stephen Hester, chief executive of RBS, said the results showed work turning around the performance of the taxpayer-
  4. A sale of some of the taxpayer's stake in Lloyds Banking Group has come a step closer after the state-backed lender's share price yesterday came close to reaching the government's minimum "break-even" price. Shares in Lloyds rose above 60p for the first time in more than 12 months, trading as high as 60.4p, just 0.8p below the taxpayer's minimum sale price of 61.2p after the bank confirmed it was likely to make a full-year profit in 2013. The state holds a 39pc stake in Lloyds following the lender's £25bn bailout in 2008, but yesterday's share price rise raises the prospect of a potential
  5. Dutch bank ING has announced that it is to sell its 54 million shares in US-based financial holding company Capital One Financial Corporation in an underwritten public offering, for a total value of roughly US$3bn (equating to around €2.4bn). The transaction is expected to settle on 10 September, with BofA Merrill Lynch, Morgan Stanley and Citigroup Global Markets Inc. acting as joint book-running managers. The shares were acquired by ING in February of this year following the sale of ING Direct USA to Capital One, and the transaction is expected to lead to an after-tax gain of €0.3bn for ING
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