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RBS consortium set for Amro bid

The Royal Bank of Scotland-led consortium aiming to beat Barclays’ bid for Dutch bank ABN Amro says it will make a €71bn (£47.4bn) offer in mid-July.

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HML is awarded above average rating

Homeloan Management Limited has been awarded an ‘above average’ residential mortgage servicer rating by Standard & Poor’s Ratings Services, with a ‘positive’ outlook for the future.In its report, S&P’s analysts Marie-Noelle Brisson and Beverley Dunne concluded that ‘HML has the resources in terms of people, systems and premises to enable it to manage its growth […]

Brokers say rates will settle, says BM Solutions

Research by BM Solutions has shown that following more rate movement, eight out of 10 expect rates to settle and end the year at or above 5.75%.June’s Monetary Policy Committee minutes indicated that another increase is imminent, and a third of brokers questioned believed that the rates would be at the 6% barrier as we […]

Regulators attempt to make their mark

This week could be a big one for the industry as the Financial Services Authority finally reveals its thoughts on the thorny issue of commission. The FSA has spent a long time pondering how to address the alleged failings of the commission-led market and on Wednesday, many interested parties will be keen to see how the watchdog plans to improve things.

Londoners take a broader view

Londoners are top of the league when it comes to having homes abroad, research from Bank of Scotland International reveals. It says 8% of people in London own property overseas.

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