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(Sharecast News) - The Financial Conduct Authority is not planning to challenge Amigo's rescue plan but the regulator failed to support the scheme and said it was concerned about low compensation payments to customers.
Read more(Sharecast News) - Campaigners have called on the government and Financial Conduct Authority to block a rescue plan for Amigo they say would enrich its directors while denying poor borrowers up to £1bn of compensation, according to a report.
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SMALL-CAP WINNERS & LOSERS: Premier Oil up as enters safe Harbour
Read moreAmigo faces wider FCA probe; regulator to look at complaints process
Read moreLONDON MARKET MIDDAY: Stocks unperturbed by vaccine safety fears
Read moreSMALL-CAP WINNERS & LOSERS: Amigo sinks as UK FCA expands probe
Read moreAmigo Holdings Swings To Loss In Nine Months Amid Payment Holidays
Read more(Sharecast News) - Amigo has warned it faces administration should a proposed Scheme of Arrangement intended to settle thousands of outstanding complaints not receive approval.
Read moreUK Earnings, Trading Statements Calendar - Next 7 Days
Read moreMoody's Downgrades Amigo Over Customer Complaint Surge Risk
Read moreAmigo To Establish New Scheme For Dealing With Customer Redress Claims
Read more(Sharecast News) - Troubled sub-prime lender Amigo Holdings on Monday put forward a proposal that would see borrowers who believe they have been mis-sold loans receive capped payouts.
Read moreUK DIRECTOR DEALINGS SUMMARY: Alpha Financial CEO Banks GBP2.4 Million
Read moreUK DIRECTOR DEALINGS SUMMARY: New Amigo Leadership Team Buys Shares
Read moreAmigo Sinks To Loss On Tumbling Loan Book As It Tussles With UK FCA
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