UK: DONATIONS TO CHARITIES BY BANKS TOTAL GB[pound] 100MN
Article Abstract:
A British Banker's Association report has revealed that in 2000, banks donated GBu 100mn to charities. Charitable donations by Lloyds TSB totalled GBu 40mn, with GBu 26.3mn from Barclays. The Bank of Scotland and Big Issue magazine teamed up to open a bank for the homeless; while the Alliance & Leicester is financing a Citizen's Advice Bureau initiative. Social inclusion projects dominated charitable donations.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: FIRST NATIONAL FAILED TO ADVICE BORROWERS
Article Abstract:
First National Bank, a subsidiary of Abbey National, have been accused by Mary Ward Legal Centre, in London, UK, of allegedly failing to tell borrowers to make provisions for repayment of capital on interest-only second mortgages which are paid off over ten years. Mary Ward Legal Centre say that some of their clients are thinking about taking First National to court, and are taking legal advice on the matter.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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