Lloyds sitting on £500m loss from property group Targetfollow
Taxpayer-backed Lloyds Banking Group is sitting on a loss of almost £500m from its exposure to property group Targetfollow, despite selling off its most high-profile assets.
Source: Daily Telegraph
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More GCC nationals hold property contracts
Dubai The UAE Ministry of Finance has published its annual statistical report for 2010 relating to the Gulf Common Market (GCM).
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Hong Kong finance chief warns on property prices
Hong Kong's finance chief said Friday the risk for people entering the territory's property market was "higher now than ever" as he announced new measures to tame runaway prices.
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Stobart hits back at property deal claims
Distribution group Stobart has issued a strongly-worded statement denying a "speculative" story in the Daily Telegraph that alleges that the Financial Services Authority (FSA) is examining a ...
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Co-op property tax hike capped at 10%
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Financial Facts: Interest rates versus types of property
A 30-year fixed-rate mortgage is a 30-year fixed-rate mortgage, right? Wrong! There are fully amortized 30-year mortgages and then there are interest-only 30-year mortgages. There are 30-year mortgages...
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'Relentless attention to property'
MEDIA:THE MEDIA paid “relentless” attention to the property market, “lauded” Anglo Irish Bank and were “dismissive” of warnings about the bubble economy, according to the report by Finnish...
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China regulator orders new round of bank stress tests on property loans
China's banking regulator on Tuesday ordered banks to launch a new round of stress tests on property loans and increase their efforts to prevent loan risks.