The Financial Services Authority (FSA) has announced a new operational structure designed to better align its internal operating model to its core activities of identifying and mitigating risk, supervision and enforcement.
Abbey and Alliance & Leicester today start to rebrand their UK Corporate and Commercial Banking divisions to Santander Corporate Banking.
The secured loan market contracted by 83% in April to £47m compared with a year ago, according to the Finance and Leasing Association.
Hector Sants, chief executive of the Financial Services Authority, has declined to take his bonus award of £130,000.
Online search specialist Infoserve has tracked a huge surge in people looking for mortgage brokers on the internet.
Phone calls are being made by a firm claiming to be the Banking Ombudsman or Insurance Ombudsman and asking consumers to pay an upfront fee and reveal their bank account details or passwords.
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