The summer housing boom has helped Northern Rock cut the number of repossessed homes on its books

The surge in potential homebuyers which has boosted the property market is slowing in the face of higher house prices, according to the latest Hometrack report

Hard-up homeowners who have fallen into arrears on sub-prime mortgages are being forced to pay up large lump sums by lenders, or risk repossession

STEPHEN Hester, Royal Bank of Scotland's chief executive, has drawn a "red line" around the group's valuable US retail banking arm as the European Union draws

ROYAL Bank of Scotland looks set to agree a deal with the government that will see it freed from the restrictions of the asset protection scheme (APS) earlier than it

DISGRACED American financier Bernard Madoff has claimed it never occurred to Securities and Exchange Commission (SEC) staff he was running a "Ponzi" scheme, de

Rosemary Gallagher analyses how the 'shopping basket' mentality will affect Scotland

THE new shape of British banking could begin to emerge this week with a record rights issue on the cards, and plans for some radical changes of ownership.

THIS government's relationship with the banking industry becomes more like Edward Lear's Miss Maniac by the day.

LORD Adair Turner, chairman of the Financial Services Authority, will tomorrow add fresh fuel to the row about whether banks are "too big to fail" when he calls for fu