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NBNK eyes Clydesdale and Yorkshire banks

New banking venture NBNK is looking to acquire Yorkshire and Clydesdale banks to use as a platform to buy the branches Lloyds Banking Group has been forced to sell.

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Halting life cover sales could lead to layoffs at Y3S

Specialist broker Y3S Group could make a number of redundancies in its life insurance department. Matt Cottle, director of Y3S Group, says 24 staff are in consultation, 19 of whom have been redeployed into other Y3S companies. Cottle says it has yet to make a decision regarding the remaining five, but expects to do so […]

The Mortgage Mole

Swingball Success Having repeatedly appeared in Mortgage Strategy’s caption competition Mole thought he’d give Bob Young, managing director of CHL Mortgages, a break this week. But the picture (right) of Young and CHL staff breaking the Guinness World Record for most people playing swingball was just too good not to use. In a blockbusting bat […]

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The Vickers Report and the mortgage market

There is naturally a major focus in the media today on the Vickers Report but it is important to recognise that the proposals, which the chancellor George Osborne has already accepted, don’t have to be fully implemented until 2019, the same deadline as for the previously announced Basel 3 regulatory changes.

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Health Shield launches new and improved health and wellbeing benefits

As part of its commitment to help even more companies improve employee wellness and productivity, award-winning health cash plan and wellbeing provider Health Shield has announced a raft of new and improved health benefits. From early diagnostics, detection and screening services to rehabilitation and the extension of home care support to parents, Health Shield’s range […]

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