Santander Wins Major £677 Million PPI Appeal
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19 Articles
El Periódico
This is a dispute over payment protection insurance
Santander wins UK appeal over $912 million AXA US PPI ruling
British justice takes a turn in the conflict between the bank and the insurer over the marketing of payment protection policies 20 years ago
The French insurer must pay the sums already paid.
Santander wins on appeal and avoids paying 791 million euros to Axa for the PPI policies in the United Kingdom. The Santander entry wins on appeal and is freed from paying 791 million to Axa for the PPI policies aparece primero en Merca2.
Santander Wins Major £677 Million PPI Appeal
Spanish banking giant Santander has successfully appealed a London court ruling that had mandated it pay approximately £677 million ($912 million) to French insurer AXA. The dispute centered on costs stemming from the mis-selling of payment protection insurance (PPI) in the United States. Santander is a global financial services company, offering a wide range of
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