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News - FSA fines GE Capital Bank.

Europe Intelligence Wire

| February 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Post Magazine)

The Financial Services Authority has fined GE Capital Bank GBP610,000 for failing to have adequate systems and controls for selling insurance, which includes payment protection insurance, and for failing to treat the customer fairly. GE's main business is ...

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