About Financial Services Industry

The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

FSA fines mortgage lender GMAC £2.8m

Financial Times | 25 days 21 hours 46 minutes ago

GMAC-RFC has become the first mortgage lender to be fined by the Financial Services Authority for levying unfair charges on borrowers in arrears.......

Read the complete story at Financial Times

Web Buzz:
  • Lender to repay 46,000 borrowers

    BBC - 26 days 46 minutes ago

    The GMAC-RFC mortgage lender has been fined £2.8m by the Financial Services Authority (FSA) for mistreating customers who fell into arrears. It...

 

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