
HSBC Ordered to Pay Compensation for Bounce Back Loan Turnover Error, Ombudsman Upholds Complaint

HSBC dismissed an amended Bounce Back Loan application as a duplicate without review. The Ombudsman upheld the complaint, awarding £100 for the bank’s oversight. […]
Waqar Naveed, director of Naveed Builders Ltd from Pakistan, has been disqualified from acting as a company director for 10 years, starting 7 May 2025. […]
A director who overstated turnover to secure a £50,000 HSBC Bounce Back Loan, then withdrew most in cash, faces a 10-year ban. Learn how HSBC recovered just £26 of the unpaid Bounce Back Loan. […]
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