Insurance giant Legal & General (L&G) has reported increased operating profit of £1,087m following double digit sales growth.
US private equity group JC Flowers is lining up bids for at least four UK building societies as part of an ambitious plan to create a "supermutual" that could be partially floated on the London stock market in five years.
The Building Societies Association (BSA) has elected Hanley Economic Building Society chief executive David Webster as its chairman for 2010/11.
House price growth in Wales has finally begun to slow after rising steadily since January 2001, says the Principality.