The Information Commissioner’s Office (ICO) has found Yorkshire Building Society in breach of the Data Protection Act after an unencrypted laptop belonging to the former Chelsea Building Society, which had recently merged with YBS, was stolen from its Cheltenham premises.
Metro Bank, the first new High Street bank in over 100 years, has accelerated its store roll out programme. It says this is in light of increasing customer demand for its services.
Coventry Building Society has reported net mortgage lending of £751 million, equivalent to 31% of all net mortgage lending in the UK.
A report from Fitch Ratings says that UK building societies are less likely to face further capital erosion from commercial real estate (CRE) than last year, as they have improved management of their exposure to this sector.
Despite a difficult year for financial services organisations, particularly mortgage lenders, there are some good stories out there - and the Mortgage Finance Gazette Awards enables organisations within the mortgage industry to have their achievements recognised
Consumer confidence continued to fall during July, according to the Nationwide Consumer Confidence Index.
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