Financial Services Authority confirm Lambeth Building Society merger with the Portman Building Society
31st August 2006The Financial Services Authority today announced that it has confirmed the proposed transfer of the engagements of the Lambeth Building Society to the Portman Building Society.
Copies of the FSA's written decision are available on the FSA website.
The document sets out the reasons for the FSA's decision. Eight written representations were received by the FSA and two persons made oral representations at a Hearing held at the FSA on 24 July 2006 Copies of the decision will be sent to each society and to those who made representations.
