07:47 : Lloyds Pledges 15,000 Job Cuts, 1.5 Billion Pound Savings -
Lloyds Banking Group Plc, Britain's biggest mortgage lender, will cut 15,000 jobs and reduce costs by an additional 1.5 billion pounds ($2.4 billion) by 2014, raising the efficiency savings following its purchase of HBOS Plc ...
00:19 : David Prosser: Forbearance stores up trouble for the future: in Greece ... -
Outlook Who would be a banker just now? It's not simply that you are public enemy number one – now you're not allowed to ask many of your customers to pay back what they have borrowed from you. Certainly not Greece, whose debts you are required ...
23:27 : FirstBuy scheme offers first-time buyers a step up -
Mortgage lenders including the Halifax and Nationwide are backing a government plan to help potential homeowners. But the pot is limitedMore details emerged this week about how the latest government scheme to help first-time ...
15:40 : Fannie Mae names new top finance chief -
WASHINGTON, June 22 (Reuters) - Fannie Mae said on Wednesday that Susan R. McFarland has been appointed as its chief financial officer, joining the mortgage insurer from Capital One Financial Corp .
20:03 : JPMorgan to pay $153.6 million in mortgage case -
WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co said it agreed to pay $153.6 million (94.6 million pounds) to settle U.S. Securities and Exchange Commission charges that it misled investors about a mortgage securities ...
11:34 : RBS sued over US mortgage bonds -
Royal Bank of Scotland (RBS) is being sued by a division of the US Government for millions of dollars over failed US mortgage bonds – residential mortgage-backed securities (RMBS). Investors lost hundreds of ...
14:11 : Southsea bank declared insolvent -
Southsea Mortgage and Investment Company Limited goes under – leaving depositors asking for savings back from the government's guarantee schemeThe repercussions of the banking crisis have reached Havant, on the ...