View more on these topics

Abbey looking for European partner

Abbey National is said to be looking for a European partner after concluding there are no more domestic mergers to be found.


The second largest mortgage lender is said to believe any further mergers would fall foul of competition watchdogs.


The bank wants to sign a deal with a non-banking partner which will give it a foothold on the continent.


Abbey chief executive Ian Harley says he is focusing his search on Italy, because of the rapid increase of demand for investment products there.


He says: “The real conundrum facing all of us is how do you do a cross-border deal and convince the shareholders it is good value?”

Recommended

IFA goes on TV in bid for 10% of life market

IFA Direct Life is running a TV advertising campaign which offers to beat any current life insurance premium on the market.The ad is part of Direct Life&#39s £2m marketing budget. It is hoping to seize 10 per cent of the life insurance market by the end of 2001.In the ad, the IFA claims that two […]

Motivation marketing

To compete in the retail financial services marketplace, you need to have at least £5m to spend on marketing activities – each year, every year.You haven&#39t got £5m? But you want to grow your business, don&#39t you? You want to persuade people they will get a better deal if they consult you rather than the […]

Darling gives credit to savers

“Virtue is its own reward” has been a proverb since Roman times but has had little resonance for savers since the launch of the modern welfare state.All too often, it seems the spend-as-you-earn brigade have been bailed out in retirement by the state while many of those who saved for a rainy day have been […]

Study ponders benchmark for flexible loans

The study aims to calculate the amount of business being done in the flexible mortgage market. IFAs will also be asked to predict the amount of business they expect to do in the next few years.Sun Bank is seeking to establish a definition of what a flexible mortgage is and wants to set a benchmark […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com