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Vedanta Hedging referred to in Times article about Banks overcharging for interest rate caps

As the UK’s largest firm of FCA authorised derivative advisors for SMEs, Vedanta Hedging was asked to price replacement interest rate caps offered as redress by Banks in the FCA IRHP Review.

Vedanta Hedging has been successfully challenging dozens of replacement products offered under the IRHP Review scheme, because this can have a material impact on the cash redress the SME receives (compounded when the 8% interest is included).

We were asked to verify the calculations of another derivative expert, which has been reported by Harry Wilson in The Times today

Banks hit small firms with a left and a right – The Times 20th Feb Vedanta Hedging

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.