
HSBC Forced to Restore Another Defaulted BBL, Pay Compensation, and Clear Credit Markers Amid Ongoing Oversight Failures

HavinHSBC’s “safeguarding review” locked an account, denied a Bounce Back Loan, and caused a business collapse. The Ombudsman upheld the complaint, awarding £150 compensation. […]
Matt Bown, director of REATCH Ltd, has agreed to a 9-year directorship ban to avoid court after exaggerating his company’s turnover to secure an HSBC Bounce Back Loan and top-up. He also misused the funds, breaching loan terms designed to aid businesses during tough times. […]
A director’s been slammed with an 11-year ban for fudging turnover to nab four Bounce Back Loans, all left unpaid. Check out this brazen blag! […]
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