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Shawbrook appoints Dylan Minto as CFO

Tue, 07th Feb 2017 11:09

(ShareCast News) - Challenger bank Shawbrook Group has appointed Dylan Minto as chief financial officer and executive director with effect from 6 February.The specialist lending and savings bank said Minto's appointment follows an extensive market search for the best candidate following the departure of Tom Wood back in June.Minto, wjho joined Shawbrook in September 2013, played a significant role in the IPO preparations and the development of the 2020 strategy evolution and has successfully taken on the role of interim chief financial officer since Wood's departure. Prior to Shawbrook, he was at KPMG for eleven years where he qualified as a chartered accountant, had a high-profile M&A client facing role and worked on a number of major UK and European bank resolution projects.Chief executive officer Steve Pateman said: "I am delighted to confirm Dylan as Shawbrook's CFO. Dylan has been instrumental in the success and achievements of Shawbrook since joining in 2013."Dylan's experience within the group, the relationship he holds with investors and analysts, and his wider involvement in the sector prepare him well for the CFO role. In addition, Dylan's exceptional standards and values mean he will be an increasingly important leader at Shawbrook and one I look forward to continuing to work with."At 1115 GMT, the shares were up 0.4% to 244.10p.
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29 Feb 2016 11:52

Peel Hunt sees attractions of the 'challenger banks'

(ShareCast News) - Broker Peel Hunt has slapped a 'buy' recommendation on Aldermore, OneSavings Bank and Shawbrook, as it began coverage of the three challenger banks. After some weeks of significant share price weakness in the trio, Peel Hunt said there was now an opportunity to acquire "high-quali

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29 Feb 2016 10:41

WINNERS & LOSERS SUMMARY: Mixed Fortunes For Morrisons And Ocado

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29 Feb 2016 09:34

BROKER RATINGS SUMMARY: Goldman Sachs Raises Sky And Cuts ITV

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25 Feb 2016 16:19

Earnings, Trading Statements Calendar - Week Ahead

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21 Jan 2016 08:14

Shawbrook Poaches New Consumer Finance Boss From Lloyds

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20 Jan 2016 13:07

Broker tips: JD Wetherspoon, WH Smith, Shawbrook

(ShareCast News) - JD Wetherspoon was under pressure on Wednesday as Investec cut its target price to 760p from 800p after the pub operator guided full year profits lower. In a trading statement, chairman Tim Martin warned that full year profits "were likely to below the lower end of analysts' expec

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20 Jan 2016 11:14

Credit Suisse picks favourites from UK challenger banks

(ShareCast News) - Credit Suisse initiated coverage of Shawbrook at 'outperform' with a 410p price target, saying the model is attractive, given that it avoids commoditised lending and is diversified across both SME and consumer lending. The Swiss bank prefers Shawbrook to Aldermore, as its stronger

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10 Jan 2016 16:15

Sunday newspaper round-up: BT, Shire, Sainsbury's, Laird

(ShareCast News) - A handful of much-anticipated deals could be announced in the coming week, according to the Sunday newspapers, including BT's acquisition of EE, Shire's takeover of Baxalta and Sainsbury's follow up offer for Home Retail. BT's acquisition of mobile phone network EE will be given f

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15 Dec 2015 09:46

BROKER RATINGS SUMMARY: Berenberg Upgrades Meggitt To Buy From Hold

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25 Nov 2015 13:54

Buy-To-Let Properties Face Extra 3.0% In UK Stamp Duty From April 2016

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19 Nov 2015 09:36

BROKER RATINGS SUMMARY: Merrill Lynch Downgrades Challenger Banks

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19 Nov 2015 08:26

LONDON BRIEFING: Johnson Matthey Pleases With Special Dividend

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12 Nov 2015 08:00

Pollen Street Sells 10% Stake In Challenger Bank Shawbrook (ALLISS)

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5 Nov 2015 10:35

Shawbrook's profit surges in first nine months of the year

(ShareCast News) - Challenger bank Shawbrook posted a sharp rise in underlying profit in the first three quarters of 2015, boosted by higher demand for loans for small businesses. In the nine months to the end of September, the London-listed group registered a 68% year-on-year increase in underlying

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5 Nov 2015 09:31

Shawbrook Reports Higher Profit Amid Strong Small-Business Loan Demand

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