View more on these topics

Barclays may be forced to scrap “Nazi” eagle logo

Barclays may be forced to scrap its 317 year-old eagle logo due to concerns from ABN Amro, its Dutch merger partner, that the design has Nazi connotations, press reports have claimed.

The bank, which has already agreed to move its head office to Amsterdam if the £96bn deal goes ahead, is likely to adopt ABN’s stylised heraldic shield worldwide.

Under the merger proposal, the combined Barclays/ABN would be called Barclays but would trade as ABN Amro in the Netherlands.

Sources say that Barclays will retain the eagle if its bid fails.


Abbey reprices fixed rates

Abbey has repriced its fixed rates with two-year fixed rates from 5.49% through its intermediary arm.Five-year fixed rates are now available from 6.14% through all channels.Nici Audhlam-Gardiner, head of mortgages at Abbey, says: “These recent rate changes are in line with the market and Abbey remains competitive, especially in the broker market. “The changes today […]

Double-edged debate about fees

The debate about broker commission could put some consumers off using brokers but it also helps us to keep the fair treatment of customers at the forefront of our minds, says Sally Laker

TBMC announces record results

The Business Mortgage Company has seen record results for the second month running, with £350m worth of applications in May. For the five-month period to May 2007, TBMC’s business was up 37% compared with the same period in 2006.

Act smooths path to equity release

Arranging equity release on leasehold properties is an issue I’ve written about before, but such is its continuing relevance that it’s worth revisiting.


News and expert analysis straight to your inbox

Sign up