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Hedging products get a bit of a trim

A recent Court of Appeal judgment has given further hope to tens of thousands of small businesses seeking redress from the big banks over interest rate swaps (IRS).
Although the case focuses on the specific issue of where the IRS products were linked to the Libor rate, it is another significant decision in the broader discussion over the controversial products, characterised by one protagonist as a David v Goliath fight.
Click on the link to read the full article that appeared in the Scotsman on Monday 2nd December.

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