Northern Rock Asset Management is to compensate customers who took out loans with the bank a share of £270m, following errors made in paperwork.
Staff at the part-nationalised bank failed to include key details in the loans' annual statements, including the amount which had been borrowed. The bank estimates that some 152,000 customers will receive...
CEO Dobson set to retire
Equities already entered a bear market
A so called 'dash for trash' could see investors that are focus on 'quality income' in US markets underperform in the coming months, according to Stephen Thornber, fund manager at Columbia Threadneedle.
Valuations at multi-year lows