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  • #1

    Yorkshire Building Society fined £4.1m over mortgages

    Yorkshire Building Society fined £4.1m over mortgages

    This is a duplicate of the Blog Entry made on 30th October 2014 10:27.

    *Yorkshire Building Society has been fined £4.1m by the Financial Conduct Authority (FCA) for failing to deal properly with customers who had fallen...

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    Tags: accounts, andrew, arrears, australia, australia bank, bank, banking, bbc, building society, business, chief executive, clydesdale, customers, debt, failing, fca, financial, fined, mortgage, mortgages, nab, national, october, problems, profits, size, yorkshire
  • #2
    Re: Yorkshire Building Society fined £4.1m over mortgages

    I dread to think how many of those customers in arrears got repossessed as a result of YBS' mismanagement of their mortgage accounts.

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    • #3
      Re: Yorkshire Building Society fined £4.1m over mortgages

      Latest news: - possibly for this reason?

      NAB bank flags Clydesdale and Yorkshire sale in UK exit - read more here National Australia Bank is considering floating its UK operations on the stock market as part of an exit from the UK. NAB said it was looking at all options for the future of the Clydesdale and Yorkshire banking division. The news came as the Melbourne-based bank announced a fall in profits, due mainly to problems at its UK operation. Chief executive Andrew Thorburn said: "We have an intention to exit the UK... What we are signalling is that's our intent, it is an absolute priority."
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