
HSBC Rejects Scam Claim for Bounce Back Loan Transfer, Ombudsman Dismisses Complaint

HSBC delayed approving a Bounce Back Loan, later seized after a review. The Ombudsman upheld the complaint, ordering £150 compensation for the initial delay. […]
HSBC seized £10k in furlough funds meant for employees to repay a Bounce Back Loan and overdraft. The Ombudsman upheld the complaint, awarding £550 compensation. […]
Directors who used Bounce Back Loans for personal vacations face bans for fund misuse. […]
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