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Vedanta Hedging interviewed ahead of IRHP Commons Debate

Abhishek Sachdev of Vedanta Hedging was interviewed by the International Business Times, ahead of the House of Commons debate on swap mis-selling (IRHP) to SMEs

Mr Sachdev spoke about how banks are making profits on redress offers and need derivative experts with the same pricing models as the Banks in order to check the Banks were providing fair redress offers. Mr Sachdev also urged for hidden swap business loans to be included within the FCA Review.

Mr Sachdev was asked about the contingent liabilities of these swaps, as well as how some SMEs had been waiting 12 years to to achieve redress since they had been sold their swap by their Bank.

 

 

http://www.ibtimes.co.uk/articles/516674/20131024/misselling-derivatives-vedanta-hedging-irsa-guto-bebb.htm

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.