HSBC reiterates it will not use recapitalisation scheme
Story by: Gemma Westacott, FTAdviser
HSBC has sought to further distance itself from the government's banking rescue scheme, strengthening the capital base of its UK subsidiary HSBC Bank through an equity injection of £750m.
HBoS has revealed details of its restructured sales teams for its mortgage brands, with its business development managers to take up their new job roles straight away.
Shareholders body claims that it has received complaints over the nationalisation
Study from the association also claims average income will fall by up to 40 per cent this year
Leeds Building Society wore their jeans for Jeans for Genes Day
Credit crunch is now hitting the buy-to-let sector hard now, says IVA
Norton Rose polls over the impact the credit crunch will have
Royal Bank of Scotland (RBS) and NatWest have joined the flurry of banks quickly passing on the full interest rate cut to mortgage customers.
KPMG has confirmed they are in talks with a number of interested parties for Edeus' assets following the accounting and consulting firm's appointment (8 October) as administrators.
Edeus has gone into administration today (8 October), with KPMG appointed by the company's directors as administrators to Edeus Mortgage Creators Limited and Edeus Creators Limited.
Not only does the recent nationalisation of B&B highlight the strength of the building society business model, it also shows how the different approaches handle a problem
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Lawyers and advisers need to be more careful than ever now not to get embroilled with mortgage fraud, as claims against professionals are set to increase
Risk-based pricing has come into its own as lenders continue to err on the side of caution, but how long will this last, asks Dominic Welling
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When Labour came to power back in 1997, there were lots of individuals questioning the “New” tag and...