Santander

Santander is reducing the maximum loan to value on its interest-only residential deals to 50%, in a move it hopes will encourage some borrowers to select a capital repayment mortgage.

After another year of uncertainty for investors, structured products offer a defined outcome, but they remain under the regulatory microscope.

Jersey-baed Santander Private Bank has sharpened its deposit interest rate offering saying it's responding to the "abnormally low interest rate environment" that has seen UK base rate remain stuck on its record low of 0.5% for nearly three years.

Lloyds Banking Group CEO António Horta-Osório is to return as group chief executive on 9 January 2012 after a period of medical leave.

Lowes Financial Management has appointed ex-Investec senior equity derivates structurer Sham Yapa as business development manager.

The quality of financial advice given by advisers in high street banks and building societies has come under fire after a mystery shop by consumer watchdog Which?

Aviva has seen a slight uplift in its protection sales over the third quarter as it continues its attempt to dominate the market.

New appointments at Fairbairn Private Bank, Hawksford International and Santander Private Banking.

Stephen Payne gives his views on why equities are essential for growing your retirement income

Shares in RBS and Lloyds fell today as Moody's downgraded the senior debt and deposit ratings of 12 UK financial institutions, and said it expects the government will allow some smaller institutions to fail.