UK banks were hit with a hefty compensation bill after a review of complex products sold to small businesses found more than 90% had been mis-sold.
Business Secretary Vince Cable said it was "unbelievable" that some bankers still expected bonuses.
ITN News Business Editor Laura Kuenssberg reports.
The City watchdog found that 90% of interest rate swaps sold to small businesses were mis-sold, and customers are entitled to compensation.
An FSA review found that more than 90% of so-called interest rate swaps sold to businesses were mis-sold. But what are they?