View more on these topics

HBOS chairman reappointed

HBOS chairman Dennis Stevenson will be reappointed for a further three years when his current term comes to an end in June 2008.

The lending giant made the annoucement on the London Stock Exchange earlier today.

Sir Ron Garrick, deputy chairman and chairman of the nominations committee, says: “We are very pleased that Dennis has accepted our invitation to renew his chairmanship with HBOS.”

Recommended

Brown creates new business department DBERR

Prime Minister Gordon Brown has created a new governmental department to deal with business enterprise and regulation.The new Department for Business, Enterprise and Regulatory Reform will be headed up by John Hutton, former secretary of state for Work and Pensions.Brown says: “The new department will be responsible for creating the conditions for business success, developing […]

Future offers 100% LTV secured loans

Future Mortgages has confirmed it will enter the 100% LTV secured loans market with a range of products due to be launched later this week, but declined to give details.

Mercantile Equity unveils bespoke MortgageStream

Mercantile Equity has unveiled a bespoke version of the MortgageStream client management system with new data pre-population for mortgage appointments. The Mercantile Mortgage Manager system is for the intermediary customers of Mercantile Equity and uses MortgageStream technology to log appointments with brokers as well as fact-find information.The customised MMM software uses a lead import tool, […]

Flooding strikes mortgage industry

Severe flooding throughout the UK has hit the mortgage industry hard with everyone from managing directors to press officers stuck at home because of submerged roads and suspended public transport. Rivers and reservoirs have engulfed towns and villages in South Yorkshire, Lincolnshire, Nottinghamshire and Shropshire causing havoc for residents and local workers. Scotland and Wales […]

Abe and Modi

India: Modi, reform and the oil price fall

Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?

Newsletter

News and expert analysis straight to your inbox

Sign up