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Job cuts looming at HML

Third-party mortgage servicer HML has told staff it could cut over 100 jobs across the 2,000-strong workforce.

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FSCS adds Lehman structured product claims to adviser Keydata levy

The Financial Services Compensation Scheme has announced investment intermediaries will have to pay an additional £22m to cover claims relating to failed Lehman-backed structured product providers on top of the levy for Keydata and two failed stockbrokers, creating an £80m interim levy.

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