27 Apr
The turmoil in the mortgage markets has been dominating the financial headlines recently, and a meeting has now been arranged between the chancellor, Alistair Darling, and banks and building societies to discuss the mortgage meltdown. With fears that repossessions could double this year both the government and the banking industry are urging one another to […]
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04 Mar
Following claims it was mis-sold hundreds of millions of pounds of risky sub-prime mortgage securities one of Germany’s biggest financial groups is to sue Swiss investment giant UBS.
This is a worrying move as there are fears that it will spark a number of similar legal claims around the world.
Prior to this Barclays began proceedings […]
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