Call us on 020 7183 2277 Download LATEST Market Rates >

Vedanta Hedging interviewed on BBC Radio 5 Live re: Swap Mis-Selling

‘BBC Radio 5 Live Investigates’ featured swap mis-selling on Sunday 9th December.

The BBC interviewed Michael Whelan about the how he believes he was mis-sold an interest rate swap.

Michael Whelan runs Children’s Nurseries in Newport. He was sold an Interest Rate Swap by Barclays Capital in 2008 with a current break cost of £100k. He talks about the impact this has had on his life and business.

Abhishek Sachdev, Managing Director of FSA Authorised Vedanta Hedging is also interviewed. Vedanta Hedging have advised Michael Whelan.

Mr Sachdev is asked about why Banks are keeping the settlements agreed with SMEs so secret, how these products may have been mis-sold and why SMEs are running out of time to make a legal challenge.

The full interview is here: Radio 5 Live Interview

 

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.