Adviser network Personal Touch Financial Services (PTFS) has hired a new marketing director following the resignation of sales and marketing director Dev Malle.
The number of mortgage applications approved by banks fell sharply in June as the UK was hit by the wettest month on record, figures from the British Bankers' Association (BBA) show.
The Law Commission is to move to protect consumers from unfair clauses hidden in the small print of financial services contracts.
HSBC will make an additional £2bn of mortgage funding available to UK borrowers, with £1bn allocated to first-time buyers this year.
Lloyds Banking Group is close to selling some 630 branches to the Co-operative Group at a significant discount to the original price tag of £1.5bn, reports suggest.
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The Financial Services Authority (FSA) has publicly censured Principal Mortgage Services Limited (PMSL), a mortgage broker based in Worcester, for failing to give suitable advice on interest-only mortgages.