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LIBOR rises to 6% leading to millions of mortgage payment rises.

The rate at which banks lend to each other has risen to the dizzy heights of December 07. Read the rest of this entry »

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Trumpo in Monte Carlo with Mortgage Movers and Shakers.

Following Chatham House rules being observed by the industry big hitters, Trumpo will gladly provide a no names overview. Read the rest of this entry »

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0.65% per annum just to insure mortgages against default.

In the FT today, Sarah O’Connor reports that it’s costing 64,000 euros annually to protect 10m euros of senior financial debt. Read the rest of this entry »

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Poacher turned Gamekeeper.

With the announcement that the former HBOS CEO Sir James Crosby is now going to be top dog at the FSA. Read the rest of this entry »

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Lost Disk - Reward $2.8BN

Following yesterday’s shocking announcement regarding the lost data disk by the government of 25 Million personal details and 7 Million bank accounts. Read the rest of this entry »

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