HSBC’s BBL battlefield is packed with glory and gore! From stunning successes to scandalous slip-ups, explore the rollercoaster of their Bounce Back Loan tales!
A director who secured two ineligible Bounce Back Loans from NatWest and HSBC for a non-qualifying company faces an 11-year ban for scheme violations. […]
HSBC seized £18k and demanded repayment of a £50k Bounce Back Loan without reason. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
An HSBC business owner denied applying for a £3k Bounce Back Loan but withdrew funds. The Ombudsman dismissed the complaint, citing evidence of application. […]
HSBC encouraged a club treasurer to make a false declaration for a Bounce Back Loan. The Ombudsman upheld the complaint, ordering compensation for the unethical advice. […]
HSBC blocked a £50k Bounce Back Loan for six months over turnover confusion, causing distress. The Ombudsman upheld the complaint, awarding £500 compensation. […]
TA director who overstated turnover to obtain a £25,000 HSBC Bounce Back Loan and used half for personal benefit now faces a 7-year ban. Find out how this case unfolded and its costly consequences. […]
An HSBC customer complained about the bank’s lack of oversight on Bounce Back Loan spending. The Ombudsman dismissed the complaint, stating it’s not the bank’s duty. […]
Confused about BBL fraud stats? We dissect the official numbers to uncover who’s telling the truth in this murky scandal. […]
HSBC’s system errors caused account applications to “drop off,” blocking a Bounce Back Loan. The Ombudsman upheld the complaint, affirming £200 compensation. […]
MPs are set to probe Lord Agnew and lenders on recovering £17B in Covid loan losses. I’ll be there, taking notes on this critical showdown. […]
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