Wed, 26th Oct 2016 09:12
(ShareCast News) - Specialist lending and savings bank Shawbrook has appointed Steve Pateman as its new chief executive officer with effect from 1 January 2016 subject to regulatory approval. Pateman joins the company from Santander UK, where he was executive director of UK Banking, responsible for
Read more(ShareCast News) - Challenger banks have reportedly requested an extension to the government's flagship industry funding scheme during a meeting at which they expressed their anger over Chancellor George Osborne's plans for an 8% Corporate Tax surcharge on profits of more than £25m. According to Sky
Read more(ShareCast News) - The banking sector will have to pay out vastly more than expected from George Osborne's new profits surcharge, which was introduced to reduce the pain of the Bank Levy on lenders such as HSBC. When the Chancellor unveiled the new 8% surcharge on bank profits and plans to lower the
Read more(ShareCast News) - Lending and savings bank Shawbrook has appointed Paul Lawrence to the board of non-executive directors. Lawrence, the former global head of group internal audit for HSBC, and chief executive of the FTSE 100's divisions in Singapore and Philippines, stepped into his new role on 24
Read more(ShareCast News) - Shawbrook Group, one of the UK newly-listed banks, reported a surge in first half profit on the back of an increase in its loan book. The lender said its pre-tax profit for the six months to 30 June nearly doubled to £34.8m, as the bank's loan book jumped 38% year-on-year to £2.72
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