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Santander UK delays results to consider impact of motor finance ruling

( October 29, 2024, 12:19 GMT | Official Statement) -- MLex Summary: The UK unit of Santander delayed its third-quarter earnings as it has to assess the impact of the latest ruling from the UK's Court of Appeal on a motor finance case finding that brokers and lenders haven't treated fairly customers seeking car finance. In today's earnings for Santander's other branches, the company said that the results don't include "the impacts that could potentially derive from the FCA’s review and complaints in the UK related to motor finance commissions, given that it is not possible at this time to reliably predict the financial impact."...

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