Dunfermline Building Society

Dunfermline Building Society

Dunfermline Building Society bounces back with major recruitment drive

DUNFERMLINE Building Society, which was rescued by Nationwide last year, will create 120 jobs at its Fife-based regional headquarters, writes Erikka Askeland.

Dunfermline drops in-branch mortgages as building societies struggle

THE Dunfermline Building Society will become the first to stop selling mortgages directly through its branches, raising fears that other hard-pressed mutuals could be about to end face-to-face service for their customers.

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Dunfermline HQ to become regional hub for Nationwide

DUNFERMLINE Building Society's head office is to become the administrative hub for parent group Nationwide's regional businesses in a shake-up that will result in more jobs in the Fife town.

EU approves ministers' Dunfermline rescue

THE European Union yesterday cleared the UK government's decision last March to provide state aid which allowed parts of the collapsed Dunfermline Building Society to be rescued.

FSA rejects MPs' Dunfermline report and denies any blame

THE City watchdog has refused to accept any blame for the collapse of the Dunfermline Building Society earlier this year.

FSA claims it 'worked hard' to rescue Dunfermline Building Society

A FINANCIAL watchdog today denied a charge by MPs that it failed to clearly warn a the Dunfermline Building Society of the risks it was taking.

Dunfermline collapse: Savers in the dark while watchdog failed to act

SAVERS in Dunfermline Building Society were kept in the dark over its risky position as the Financial Services Authority failed to give adequate supervision, MPs said yesterday.

Analysis: Dunfermline was damned by inaction and secrecy

TWO questions persist on the collapse of the Dunfermline Building Society. First, why were concerns over the group's finances and liquidity not acted upon earlier by the Financial Services Authority?

Last Dunfermline directors on the way out

ONE of only two board directors of Dunfermline Building Society who stayed on after it was rescued by Nationwide has now left the mutual.

Watchdog failed to flag up Society's 'dangerous' actions

THE UK's financial regulator failed to properly warn the Dunfermline Building Society it was on a "dangerous path" before it collapsed, a report by MPs today found.

Report slams FSA over Dunfermline collapse

THE Financial Services Authority was criticised today for failing to issue "clear warnings" to the Dunfermline Building Society in the run-up to its collapse.

Dunfermline bosses apologise but insist 'it could have been saved'

THE men responsible for the demise of Scotland's biggest building society yesterday made a public apology for its collapse – but insisted it could have survived with the backing of the UK government.

Dunfermline weighs on Nationwide

PROFITS have slumped at Nationwide Building Society, hit by a double-whammy of surging bad debts and a hefty £241 million bill incurred under the government's savings protection scheme.

Watchdog attacked for not saving 'train wreck' Dunfermline

THE UK's financial watchdog was attacked yesterday for failing to halt the collapse of Scotland's biggest building society, after it got itself in a bigger mess than Royal Bank of Scotland.

Scots MPs to probe demise of Dunfermline Building Society

AN INFLUENTIAL committee of Scottish MPs is to hold an inquiry into why the Dunfermline Building Society had to be rescued earlier this year, it was announced yesterday.

Dunfermline plans to pump new life into mortgage market

THE Dunfermline Building Society has launched a market-leading one-year fixed rate savings bond in a bid to reassure customers that it is back in business after the takeover by the Nationwide.

Scottish picks up 'refugees' from failed Dunfermline

SCOTTISH Building Society yesterday revealed it is picking up customers keen to move away from collapsed rival Dunfermline, as it reported flat annual profits of £1.1 million.

FSA chief defends watchdog's action over Dunfermline

THE City watchdog yesterday staunchly defended its supervision of the failed mutual Dunfermline Building Society.

Dunfermline pension fund may be rescued

KPMG, the administrator of some of the assets of the Dunfermline Building Society, has applied for the failed institution's pension fund to be taken into the hands of a state-backed rescuer.

Nationwide favourite to buy DBS social housing arm

NATIONWIDE is likely to be the front runner in the bidding for the social housing book of the collapsed Dunfermline Building Society.

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