
HSBC Seizes £18k for £50k Bounce Back Loan Repayment, Ombudsman Dismisses Complaint

HSBC faced another ruling to reinstate a defaulted Bounce Back Loan, compensate a customer with interest for seized funds, and remove negative credit markers from a limited company, highlighting persistent government oversight issues with BBL lenders. […]
Barclays’ closure of a customer’s account triggered a Bounce Back Loan default. […]
A director faces a six-year ban for not providing accounting records to the liquidator, obscuring the usage of an HSBC Bounce Back Loan and Covid support grants, and approving dormant accounts despite trading. […]
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