All TSB Bank articles

News Brief

FCA fines TSB $14.2M for poor treatment of financially strapped retail customers

2024-10-15T19:28:00Z

TSB Bank has been fined 10.9 million pounds (U.S. $14.2 million) for treating retail customers poorly while they were in arrears on mortgages, credit cards, loans, and overdraft accounts, the Financial Conduct Authority said.

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TSB Bank fined $59.2M for governance lapses in botched IT migration

2022-12-20T21:21:00Z

TSB Bank was fined £48.65 million (U.S. $59.2 million) by U.K. regulators after a disastrous IT migration left customers unable to access cash or use online accounts for weeks.