Banks to hold talks about whether to press ahead with effort to secure deadline for PPI mis-selling claims.

Britain's banks will on Thursday hold crunch talks about a campaign to secure a deadline aimed at bringing the curtain down on one of the industry's worst ever mis-selling scandals. (It is understood) that executives from the major high street lenders have scheduled talks for tomorrow about whether to press ahead with a "time-barring exercise" that would bring an eventual end to millions of compensation claims for mis-selling payment protection insurance (PPI) policies. The discussions, which are being co-ordinated by the British Bankers' Association - the industry lobbying group - will be held against a backdrop of opposition from leading consumer affairs groups.....Read more here

January 2013 AAD Blog:
Banks push for PPI claims deadline - allaboutFORUMS