Mortgage lending by major banks flattened out in July but the amount borrowed for day-to-day spending slowed, figures show.

A computer containing personal data of a million bank customers is sold on an internet auction site for £35, according to the Daily Mail.

The fundamental problem in the American economy is that, for years, people treated rising asset prices as a substitute for personal savings.

When it comes to dividends, investors should look at time frames significantly longer than a single year.

The Bank of New Zealand is proposing to make more than half its mobile mortgage managers redundant in the face of the continuing property slump. A source told the Herald on Sunday bank bosses were proposing to cut the team from...