(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 18, after completing its quarterly review. Read More
(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way. Read More
Vanquis Banking Group PLC - Bradford, England-based lender - Chief Financial Officer Neeraj Kapur steps down from his role with immediate effect due to "personal reasons". Names Chief Risk Officer Gareth Cronin as interim CFO while it conducts a search for a permanent successor. Says Cronin will be supported by the "deep senior bench" in both the group finance and treasury functions. Read More
(Alliance News) - Vanquis Banking Group PLC on Monday said it acquired London-based fintech uSnoop Ltd for an undisclosed amount. Read More
(Alliance News) - London's FTSE 100 tread water on Friday, after a trio of central bank decisions, and as focus turns to the Bank of England next week and the US jobs report. Read More
(Alliance News) - Stock prices in London were mixed at midday on Friday, after a busy week of earnings comes to an end. Read More
(Alliance News) - Vanquis Banking Group PLC shares dropped on Friday, after it reported that it swung to an interim loss. Read More
(Alliance News) - Stock prices in London opened higher on Friday, boosted by a mostly strong set of company earnings, while investors weighed recent central bank decisions. Read More
(Alliance News) - Vanquis Banking Group PLC on Friday said it will promote Non-Executive Director Peter Estlin to chair, subject to regulatory approval. Read More
(Alliance News) - Stocks in London were called higher on Friday, as investors weighed conflicting economic data from the world's two largest economies. Read More
H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches - Hires four new non-executive directors who will join the board effective July 1. Robert Van Breda previously was interim chief financial officer at Griffin Financial Technology Ltd and also has worked at NatWest Group PLC and Vanquis Banking Group PLC. He is expected to chair H&T's audit committee. Lawrence Guthrie is a managing director at Houlihan Lokey and once worked at Charterhouse Capital Partners. Lakeland Ltd Deputy Chair Catherine Nunn, formerly at BP PLC, will chair H&T's newly formed customer committee. Sally Veitch, intended to chair the risk committee, was director of finance at Home Retail Group PLC. H&T also says Senior Independent Director James Thornton intends to retire and as such will not seek re-election at the 2024 annual general meeting. H&T hopes that the new appointments will support its continued growth and broaden the range of skills, experiences and diversity on its board. Read More
Vanquis Banking Group PLC - Bradford, England-based lender - Says in the first quarter of 2023, continues to trade in line with expectations. Looking ahead, says it will focus on maintaining strong asset quality and risk adjusted returns. Chief Executive Officer Malcolm Le May says: "The group has made a positive start to the year. Our strong competitive position, supported by the group's access to capital and funding markets, is further strengthened by our strategic repositioning as a specialist banking group, focused on customers in the mid-cost and near-prime credit markets." Read More
(Alliance News) - Vanquis Banking Group PLC on Friday said Chair Patrick Snowball will step down later this year. Read More
(Alliance News) - Stocks in London were called higher on Friday, amid optimism of a resolution to the US debt ceiling impasse. Read More
(Alliance News) - Vanquis Banking Group PLC said pretax profit fell on higher central costs due to the rollout of its shared services model, but says its outlook is strong for 2023. Read More
(Alliance News) - Vanquis Banking Group PLC on Wednesday said the UK Prudential Regulation Authority reduced its total capital requirement to 11.9% from 18.3%. Read More