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LOBO loans attacked in Observer article / Channel 4

Channel 4 Dispatches are showing a programme on 6th July at 8pm about how Banks mis-sold LOBO loans to Councils. These are very complex loans with embedded Bermudan callable swaps, and have cost councils millions of pounds in additional interest.

Vedanta Hedging has provided extensive analysis for this programme and the MD, Abhishek Sachdev, is interviewed in the programme.

The Observer also published an article about this on 5th July which can be seen here:

Observer article on LOBO loans

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.