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Natexis appointment

The London branch of Natexis Banques Populaires has appointed Steve Day head of non-bank financial institution relationships, as part of the bank’s international growth strategy. Day will develop corporate banking relationships with mortgage and asset finance providers.

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Advisers should still dress for success

Interesting to see Barclays amending its dress code by pulling back from free-for-all largesse to a more structured business casual look. This mirrors the trend that has seen an increasing number of companies drifting back to a more formal dress code for staff at work. Over the years, the debate over dress code has occupied […]

BM to chop branch network by 48

Birmingham Midshires is poised to pull the plug on 48 of its 67 branches through a phased programme that is scheduled to conclude in March next year. Following the conclusion of the programme, existing BM branch-based customers will have the option of banking at their nearest Halifax branch. The majority of these are situated within […]

August sees remortgaging boost to lending figures

The Council of Mortgage Lenders has revealed that lending continued to strengthen over the summer. Gross mortgage lending rose by 9% to an estimated 27.5bn in August, up from 25.2bn in July. The rise is one of the highest figures on record, 4% higher than the 26.5bn of August 2004, and the highest figure since […]

Callum McCarthy identifies behaviour issue facing customers

Callum McCarthy, chairman of the FSA, today spoke at the First Joint European Competition and Consumer Day about behavioural issues facing consumers in the financial retail market. McCarthy emphasised that seeking to solve these issues would be an important step towards creating an efficient market, and provide an opportunity for the FSA to reduce its […]

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

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