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Chief risk officer at Lloyds group to leave in January

Lloyds Banking Group has revealed that Carol Sergeant, its chief risk officer, has resigned.

Sergeant will leave at the end of January and there are rumours she will take up a role at one of the new regulatory bodies to be created in 2012. Lloyds group is searching for a replacement.

Eric Daniels, group chief executive of Lloyds group, says: “I am grateful to her for the contribution she has made to the group as a key member of its executive committee. We wish her every success for the future.”

Last week, Lloyds group also announced it will no longer be writing new business through its Black Horse personal finance division, which will result in 420 job losses.



Broker distribution impetus is growing

One senses that the mortgage industry is finally past wishing for a return to the pre-credit crunch market. Dwelling on the past helps no-one and only increases the chance that you will miss out on opportunities today. While I would not suggest there is a buzz about the mortgage industry, I am convinced there is […]

Remortgages up 20% in October

Remortgage applications in October were up 20% on September, reaching their highest monthly level since November 2008, the latest figures from the Mortgage Advice Bureau/Coreco National Mortgage Index show.


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