
HSBC Denies Feeder Account for Bounce Back Loan, Ombudsman Dismisses Complaint

Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]
HSBC denied a feeder account, blocking a Bounce Back Loan for an existing customer. The Ombudsman dismissed the complaint, citing the bank’s right to refuse. […]
Evidence from the Department of Business and Trade exposed a director’s illegal dual BBLs from NatWest and HSBC, leading to a 10-year ban. Uncover the rule-breaking details. […]
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