Several High Street banks are to cease selling single premium payment protection insurance (PPI) with their unsecured personal loans.Alliance & Leicester, Barclays, Co-Operative Bank, Lloyds Banking Group and RBS/Natwest will be opting out of the controversial market for single premium PPI by the end of this month.The Financial Services Authority (FSA) has welcomed the move, [...]

More: Banks to stop selling single premium PPI

it seams it's FSA's job to welcome and unwelcome bank moves and get huge bonuses.