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Nationwide’s high cost of compensation

Nationwide estimates its Financial Services Compensation Scheme levy could cost £250m.

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Compliance is a safe bet for any job-seekers

In a speech last week Hector Sants, chief executive of the Financial Services Authority, said the regulator would move away from principles-based regulation and focus on a more intrusive and direct style of regulation.

Dunfermline fails to quash bailout rumours

Jim Willens, chief executive of Dunfermline says the society will not be making any comment on speculation that it’s seeking a bailout after reported losses of up to £26m.

Patellis joins ‘common sense’ Blueprint fold

George Patellis, the ex-director of Lehman Brothers-owned Preferred Mortgages, has joined Blueprint Lending as non-executive chairman.Blueprint is a commercial lending start-up formed by a group of former members of 5D Finance.Although funding for Blueprint is yet to be secured there are advanced talks with a number of institutional investors. Several entrepreneurs are believed to have […]

Three catalysts for European equities

By Rob Burnett, Manager of the Neptune European Opportunities Fund In recent weeks, the bear case for European equities has become more pronounced on the back of weaker-than-expected GDP data and deflation concerns. This softening in economic momentum has led some investors to question whether the ECB is behind the curve and indeed whether it […]