Lenders under pressure?
The Central Bank of Ireland (CBI) recently published results for 2012 and preliminary data for the first quarter of 2013, which showed a lower growth rate than expected and suggested a only a ‘muted recovery’ in activity for this year. Specifically within the banking sector, the report shows improving liquidity and deleveraging, but there remain […]
Regulatory changes – putting the consumer first
Whether holding asset or actively lending, it is vital that businesses are putting the consumer at the heart of their business models and strategies. The Financial Conduct Authority (FCA) suggests that this fundamental principle may involve “making cultural changes that promote good conduct outcomes throughout the business”. Firms must establish appropriate oversight and governance around […]