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The government assumed control of the bank's £50 billion mortgage and loan portfolio, while its deposit and branch network were sold to Spain's Banco Santander. [17] In October 2008, the Australian government made A$4 billion available to nonbank lenders unable to issue new loans.
State Bank of India (UK) Limited State Bank of India: India: StreamBank PLC Independently run Wales: Tandem Bank Limited: Tandem Money Limited: England: TD Bank Europe Limited: Toronto-Dominion Bank: Canada: Tesco Personal Finance Plc: Barclays: England: Triodos Bank UK Ltd Triodos Bank N.V. Netherlands: TSB Bank plc: Banco Sabadell: Spain ...
The DMO is responsible for day-to-day management of the UK Government's debt.It is tasked with carrying out the UK Government's debt management policy of minimising financing costs over the long term, taking account of risk, and managing the aggregate cash needs of the Exchequer in the most cost-effective way, in both cases consistently with the objectives of monetary and any wider policy ...
Financial services companies of Scotland (3 C, 12 P) Financial services companies of Wales (2 C, 5 P) Financial services companies of British Overseas Territories (4 C)
"Insurance" organizations, who collect premiums for providing either life or property/casualty coverage, created their own types of loan agreements. "Banks" and "Insurance" organizations' loan agreements and documentation standards evolved from their individual cultures and were governed by policies that somehow addressed each organizations ...
At least 12 councils have the most expensive types of LOBO loan. Most of these have "inverse floaters" taken out with RBS - interest rates for the loan are increased if general bank lending rates decrease. [7] As a direct consequence of making repayments on LOBOs, councils have had to make major cuts in services to their residents.
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The sector contributed a gross value of £86 billion to the UK economy in 2004. [3] The industry employed around 1.2 million people in the third quarter of 2012 (around 4% of the British workforce). The estimated amount of total taxes paid by the Financial Services Sector in the year to 31 March 2012 is £63bn, 11.6% of the total UK government ...