Tag Archives: insurance

Santander Payment Protection Insurance Busted

What do HSBC and Santander have in common? Aside from Santander buying HSBC’s auto loan business in the U.S., they both have insurance problems.

Countrywide Must Face MBIA Fraud Claim, Appeals Court Rules

Bank of America Corp. (BAC) and its Countrywide Financial Corp. unit must face a fraud claim brought by bond insurer MBIA Insurance Corp., an appeals court ruled.