Total of costs for Barclays, RBS, Lloyds, HSBC and SCB. According to the source, "more than half that amount related to compensation for mis-sold payment protection insurance and interest rate heding products".
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Remediation costs of five leading United Kingdom (UK) banks 2011-2014
This statistic presents the total remediation payments and penalties - such as redress, regulatory and litigation costs - of the five leading banks in the United Kingdom (UK) from 2011 to 2014. In 2012, the total remediation costs that banks faced were highest, amounting to approximately **** billion British pounds.
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KPMG. (April 30, 2015). Total redress, regulatory and litigation costs of leading United Kingdom (UK) banks from 2011 to 2014 (in billion GBP) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 06, 2026, from /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/
KPMG. "Total redress, regulatory and litigation costs of leading United Kingdom (UK) banks from 2011 to 2014 (in billion GBP)." Chart. April 30, 2015. ÌÇÐÄÆÆ½â°æ. Accessed August 06, 2026. /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/
KPMG. (2015). Total redress, regulatory and litigation costs of leading United Kingdom (UK) banks from 2011 to 2014 (in billion GBP). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 06, 2026. /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/
KPMG. "Total Redress, Regulatory and Litigation Costs of Leading United Kingdom (Uk) Banks from 2011 to 2014 (in Billion Gbp)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Apr 2015, /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/
KPMG, Total redress, regulatory and litigation costs of leading United Kingdom (UK) banks from 2011 to 2014 (in billion GBP) ÌÇÐÄÆÆ½â°æ, /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/ (last visited August 06, 2026)
Total redress, regulatory and litigation costs of leading United Kingdom (UK) banks from 2011 to 2014 (in billion GBP) [Graph], KPMG, April 30, 2015. [Online]. Available: /statistics/420870/remediation-costs-of-five-leading-banks-united-kingdom/