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Batchelor could help acquisitions

Guy Batchelor’s new role at Lehman Brothers could involve hunting out future acquisitions and expanding the investment bank’s direct to broker proposition across its three brands.

Batchelor resigned as sales and marketing director at Platform in July this year to join Lehman Brothers’ European Mortgage Capital Business as executive director responsible for franchise development.

He is on gardening leave but is expected to take up the role on January 26 2007. Although it is not yet clear what his duties will be, Simon Hinshelwood, Lehman’s managing director and chief operating officer, says Batchelor could play a vital role in any acquisitions the investment bank makes.


KPMG forecasts upbeat Budget

KPMG predicts that the chancellor Gordon Brown’s upcoming pre-Budget report in December will be an upbeat statement. Andrew Smith, chief economist at KPMG, says: “This year’s pre-Budget report is billed as being more about the long-term than the short-term. The issue is what happens in the next cycle. On current plans, the books will be […]

AMI urges intermediaries to use sub-prime factsheet

The Association of Mortgage Intermediaries is urging all members to use its factsheet on financial promotions for sub-prime products.This follows the Financial Services Authority’s announcement today that over 200 mortgage firms have been asked to withdraw or amend misleading financial promotional materials in the last year. After reviewing the financial promotions of sub-prime mortgage brokers, […]

Conti gets into Corsican market

Conti Financial Services is providing mortgages for properties in Corsica. With interest rates from 3.95%, Conti is confident the deals will be popular. The move into Corsica is a first for Conti as it continues to expand its range of overseas deals. Simon Conn, managing director of Conti Financial Services, says: “We’ve received a number […]

Cheval to give lessons in bridging

Cheval Bridging Finance has moved to purpose-built offices that contain rooms designed to teach brokers about bridging finance.Cheval has relocated from Stanmore in north London to Watford, to premises which are more than three times the size of its previous offices.The offices feature an education suite which will be used to hold monthly workshops designed […]


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