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Yorkshire Building Society
An undercover investigation has revealed widespread poor and misleading advice from financial advisers at some of the highstreet's biggest name banks.
The quality of financial advice given by advisers in high street banks and building societies has come under fire after a mystery shop by consumer watchdog Which?
The FSA today confirmed the merger between the Yorkshire Building Society and its smaller rival Norwich & Peterborough(N&P) which will complete on 1 November.
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Yorkshire Building Society is to acquire the mortgage and savings business of Egg Banking, a subsidiary of Citigroup.
Norwich & Peterborough Building Society (N&P) says all but a few of the 3,200 customers who it advised to invest in Keydata have been sent individual offers of compensation and many have already been paid.
Troubled building society Norwich and Peterborough (N&P) has agreed the terms of a proposed merger with Yorkshire Building Society.
Yorkshire Building Society has raised £750m to diversify its funding and help pay for its expansion in the mortgage market.
Lenders are expecting a surge in demand for fixed-rate mortgages after inflation rose by the fastest rate on record last month.
Building societies are near to finalising an investment instrument which would enable them to meet strict new capital requirements without losing their mutual status.
Cardif Pinnacle has signed a five year contract to supply Mortgage Payment Protection Insurance (MPPI) to mortgage borrowers at Yorkshire Building Society.
Yorkshire Building Society and Chelsea Building Society are in advanced talks over a possible merger.
The battle to attract beleaguered borrowers is hotting up with Yorkshire Building Society, The Co-operative Bank and Nationwide all announcing rate cuts today.
The importance of protection has been highlighted in a report suggesting the average person would last just 52 days financially if they were unable to work.
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