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Article: Lloyds and Barclays lead the league for FOS complaints.
- Article from:
- Money Marketing
- Article date:
- September 17, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. 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)
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Lloyds Banking Group has the highest number of complaints to the Financial Ombudsman Service with 15,233 while Barclays is second with 8,802 and Royal Bank of Scotland third with 5,883 in the first six months of this year.
The Santander group is fourth with 4,318 complaints across all its brands, including Abbey, Alliance & Leicester and Santander Asset Management. HSBC saw 2,969 complaints across its brands and Aviva has 1,229, Axa 929 and Pearl Group 815.
There is a 71 per cent uphold rate against Barclays for cases resolved in favour of the complainant in the first half of 2009. The average uphold rate is 59 per cent for all businesses. Lloyds TSB ...