Tag Archive: loan book
Lloyds engages Grainger to mitigate HBOS losses
Lloyds Banking Group is negotiating a deal with Grainger aimed at stemming the losses on its buy-to-let loan book, The Financial Times has reported. According to the newspaper, Grainger, which is the UK’s largest listed residential landlord, will manage homes … Read more
Anglo Irish auction begins
Anglo Irish Bank has received a Direction Order from Ireland’s High Court, marking the beginning of its break-up. The bank will begin transferring its deposits and assets to a third-party financial institution in a restructuring process agreed under the terms … Read more
Dunfermline Building Society at risk
Press reports suggest that the future of Dunfermline Building Society is at risk because of problems with its commercial loan book. Speaking to BBC Scotland’s Politics Show, Dunfermline and West Fife MP, Willie Rennie, has confirmed that he has “great … Read more