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banks

Industry

Fresh calls for the Government to pressure lenders

The UK Government must step up its pressure on lenders if it wants to free the market from its "heavy constraints", the National Association of Estate Agents (NAEA) says.

clock 13 August 2009 •

Industry

Average LTVs fall below 70%

Average LTVs for residential mortgages fell by 2% to 67% in Q2 2009 as banks remained cautious about lending, according to research by the Mortgage Advice Bureau.

clock 11 August 2009 •

Your profession

Firms hit with initial £406m levy for bank failures

Banks, building societies and credit unions will be asked to pay £406m as their initial contribution to the costs of the five bank defaults of 2008.

clock 29 July 2009 •

Industry

Mortgage approvals hit 15-month high

Mortgage approvals hit their highest level since March 2008, according to the latest statistics from the British Bankers Association (BBA).

clock 23 July 2009 •

Your profession

1,200 jobs cut as result of Cler Med/Scot Wids merger

Lloyds Banking Group is to cut a further 1,200 jobs with the company's insurance and IT arms expected to bear the brunt.

clock 16 July 2009 •

Your profession

City high-flyer pay revealed; Calpers sues ratings agencies - papers

The City will be forced to publicly reveal the pay and bonuses of hundreds of traders and bank executives under a Treasury-backed plan to be released later today, reports The Guardian.

clock 16 July 2009 •

Mortgages

Public anger at banks' refusal to lend

Banks and building societies are preventing home ownership, according to a poll commissioned by the National Association of Estate Agents (NAEA).

clock 09 July 2009 •

Your profession

Darling calls for bank 'culture change'

Chancellor Alistair Darling last night expressed confidence Britain was on the road to economic recovery but warned the financial sector could not return to 'business as usual' and a 'culture change' for banks was essential.

clock 18 June 2009 •
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