HBOS

Jack Saxton has been appointed managing director of Halifax Intermediaries, taking over from the departing Alan Cleary who is leaving the lender to got to Oakwood with Michael Bolton.

Mortgage arrears at Britain's biggest lender have increased by 33% in six months.

THE HALIFAX IS sticking to its forecast which suggests house prices will fall an average 2% this year after rising 160% over the past nine years, says the Guardian .

Bank of Scotland Investment Service has launched a website to aid individuals in the run up to A-Day, on 6 April 2006.

Bank of Scotland Annuity Service (Bosas) says Brits are squandering up to £18,500 by not shopping around for highest annual income from their pension fund.

ANDY HORNBY, the head of HBOS's retail banking arm, will receive shares worth up to £3.25m under a special "golden handcuffs" bonus scheme designed to stop him from joining retial chain Boots, reports The Times.

The Treasury Committee says there is a ‘fair way to go yet' before banks and credit card companies make sufficient reforms to benefit consumers.

TWO directors of David M Aaron - the independent financial adviser firm which was banned for issuing misleading literature on high-income "precipice" bonds - are now promoting venture capital trusts (VCTs), according to this morning's Times .

HBOS, the biggest mortgage lender, says it will only guarantee online Key Facts Illustrations (KFIs) issued online through its own-brand websites.

Prospects of a counter-bid for Abbey National group are increasing, says the Daily Telegraph.