Sub-prime lender Cattles has launched a 200m rights issue to be underwritten by Citigroup and HSBC. The lender says that although it has received strong support it will use the rights issue to diversify its funding and finance its long-term growth.
BM Solutions’ managing director Tim Hague has been redeployed to head up the Birmingham Midshires savings and investments team.
Northern Rock has submitted details of proposed staff cuts to the Department for Business Enterprise and Regulatory Reform.
I am writing with regard to Kevin Mit-chell’s recent letter about Woolwich deals that are not available to brokers (Mortgage Strategy April 21).
Mole bid a fond farewell to Strategy display sales executive Alana Heaton last week as she departed to join London-based Alexander Hall to train as a mortgage broker.
Financial advisers around the world face a new frontier of challenges, including increased fee pressures, tightening regulations, growing competition from automated advice platforms and continued market volatility. In order to better position themselves for business growth, advisers will need to assume three key roles. Click to download full article
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