BUSINESS

Rift over LOBO loans widens

A split has emerged in the market for local authority treasury management after a TV documentary drove a wedge through the sector.

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By Dan Peters | 28 July 2015

The relationship between the two main players in the market – Arlingclose and Capita Treasury Solutions – appears to have hit a low point with differences on the issue of Lender Option Borrower Option (LOBO) loans threatening to burst into the open.

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Dan Peters

Popular articles by Dan Peters

  1. EXCLUSIVE: Watchdog looking to add metrics despite pause
  2. Whiteman backs independent funding body call
  3. Chief speaks out over Welsh pensions threat
  4. Independent funding body distribution call
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