Non-bank lender (164 items)

YBR pulls out of wealth

Yellow Brick Road is getting out of the wealth business and will focus solely on the mortgage market. The company announced yesterday that it would start of process to “dispose of, outsource or otherwise restructure the head office wealth business functions.” read more

Carney competes for fintech spotlight

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England, or so BOE governor Mark Carney told a London fintech fiesta last night. read more

Going direct pays off for Firstmac

Mortgage specialist Firstmac has delivered a result that may be a pointer to the future of mortgage lending. It has achieved very strong growth in its loan portfolio, with more than half of that growth coming from direct sales to consumers. read more

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