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Compliance

April 08: Virgin Money 'unaffected' by Macquarie's exit

by Staff Reporter•Friday, 18 Apr 2008•7 minute read
The Adviser

Virgin Money claims its partnership with Macquarie Bank is not under threat, despite Macquarie recently shutting the doors of its mortgage division, Macquarie Securitisation Limited (MSL).

“It is business as usual,” Virgin Money CEO David Wakeley said. “Macquarie will continue to be our funding partner for home loans and will continue to fund Virgin Money Home Loans for new customers.”

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