Alliance & Leicester chairman dies
LONDON (Reuters) - Mortgage bank Alliance & Leicester said on Tuesday its chairman, Derek Higgs, had died suddenly on Monday.
A&L said in a statement Chief Executive David Bennett would return to work on May 6 after recovering from illness.
(Reporting by Dan Lalor; Editing by Quentin Bryar)
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article

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