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Chief Executive at Saffron

Chief Executive at Saffron. Monday, 15 June 2009. My blog has moved location. Hi my blog can now be found contained within the Saffron Building Society website, either as a link direct from the homepage or via the links below. Http:/ www.saffronbs.co.uk/blog/. Http:/ www.saffronbs.co.uk. Good day for the building society sector? What they did was swap subordinated debts for new profit participating deferred shares (PPDS). The first question my wife asked me is what is subordinated debt? Well as I have sa...

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Chief Executive at Saffron | chiefexecutiveatsaffron.blogspot.com Reviews
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Chief Executive at Saffron. Monday, 15 June 2009. My blog has moved location. Hi my blog can now be found contained within the Saffron Building Society website, either as a link direct from the homepage or via the links below. Http:/ www.saffronbs.co.uk/blog/. Http:/ www.saffronbs.co.uk. Good day for the building society sector? What they did was swap subordinated debts for new profit participating deferred shares (PPDS). The first question my wife asked me is what is subordinated debt? Well as I have sa...
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Chief Executive at Saffron | chiefexecutiveatsaffron.blogspot.com Reviews

https://chiefexecutiveatsaffron.blogspot.com

Chief Executive at Saffron. Monday, 15 June 2009. My blog has moved location. Hi my blog can now be found contained within the Saffron Building Society website, either as a link direct from the homepage or via the links below. Http:/ www.saffronbs.co.uk/blog/. Http:/ www.saffronbs.co.uk. Good day for the building society sector? What they did was swap subordinated debts for new profit participating deferred shares (PPDS). The first question my wife asked me is what is subordinated debt? Well as I have sa...

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chiefexecutiveatsaffron.blogspot.com chiefexecutiveatsaffron.blogspot.com
1

Chief Executive at Saffron: March 2009

http://chiefexecutiveatsaffron.blogspot.com/2009_03_01_archive.html

Chief Executive at Saffron. Monday, 30 March 2009. Scotland's Biggest Building Society Sorted! With the eventual news of Dunfermlines plight today I can't help thinking what a shame it is that Scotlands biggest building society could not survive on a standalone basis. However in keeping with the history of the mutual sector looking after its own, it is great to know that the member business, branches and staff are all being taken on by Nationwide. I had lunch today with a journalist from a well known pin...

2

Chief Executive at Saffron: January 2009

http://chiefexecutiveatsaffron.blogspot.com/2009_01_01_archive.html

Chief Executive at Saffron. Friday, 30 January 2009. I have decided to be selective on what I read. I am on the board of the Council of Mortgage Lenders and yesterday was our bi-monthly Executive Committee meeting. The agenda as always was littered with a raft of issues for debate, concerning lending, customers, arrears and possessions and government schemes designed to boost the housing market and get things moving again. How should we be feeling while the country wallows in the mire of recession? The i...

3

Chief Executive at Saffron: May 2009

http://chiefexecutiveatsaffron.blogspot.com/2009_05_01_archive.html

Chief Executive at Saffron. Friday, 22 May 2009. Why the long face? It is, I think, fair to say that the Building Society sector has taken a bit if a bashing of late, but I am struggling to see quite why. The press have reported on collapsing profits, potential mergers, Moody’s downgrades, counterparty losses and local authorities making decision not to invest with building societies and it seems that all the positives have been overlooked. Sunday, 10 May 2009. I was surprised to open the Mail on Sunday ...

4

Chief Executive at Saffron: My realisation that we haven’t got it quite right.

http://chiefexecutiveatsaffron.blogspot.com/2009/04/my-realisation-that-we-havent-got-it.html

Chief Executive at Saffron. Monday, 27 April 2009. My realisation that we haven’t got it quite right. As a Mutual Building Society our primary job is to protect the safety and security of the cash that our members entrust to us to look after, but secondary to that is also the provision of a return that represents value for money. This is not such an easy task with a base rate to work with of just half a percent. We can’t please everyone all the time, I am fully aware of that, but I hope those membe...

5

Chief Executive at Saffron: April 2009

http://chiefexecutiveatsaffron.blogspot.com/2009_04_01_archive.html

Chief Executive at Saffron. Monday, 27 April 2009. My realisation that we haven’t got it quite right. As a Mutual Building Society our primary job is to protect the safety and security of the cash that our members entrust to us to look after, but secondary to that is also the provision of a return that represents value for money. This is not such an easy task with a base rate to work with of just half a percent. We can’t please everyone all the time, I am fully aware of that, but I hope those membe...

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Chief Executive at Saffron

Chief Executive at Saffron. Monday, 15 June 2009. My blog has moved location. Hi my blog can now be found contained within the Saffron Building Society website, either as a link direct from the homepage or via the links below. Http:/ www.saffronbs.co.uk/blog/. Http:/ www.saffronbs.co.uk. Good day for the building society sector? What they did was swap subordinated debts for new profit participating deferred shares (PPDS). The first question my wife asked me is what is subordinated debt? Well as I have sa...

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