
HSBC Ordered to Pay Compensation for Urging False Bounce Back Loan Declaration, Ombudsman Upholds Complaint

Joseph O’Connell, director of North Link Transport, who claimed a £230,000 turnover—when it was zero—to blag a £50,000 HSBC Bounce Back Loan, faces an 11-year ban for transferring it. Uncover this scam. […]
Barclays locked a Bounce Back Loan account for a four-month review, unlocking it in December 2020. The Ombudsman dismissed the complaint, finding the delay reasonable. […]
HSBC denied a feeder account for a Bounce Back Loan based on credit scoring. The Ombudsman dismissed the complaint, citing the bank’s account approval rights. […]
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