Cabot Credit Management, the UK’s biggest debt collector, has announced it is to delay its planned £1bn IPO after one of its directors, Peter Cook, the former chief executive of Provident Financial, resigned Goldman Sachs is to provide £100m of debt and equity...
UBS and Campden Wealth study has found that just 10 out of 262 of the world’s richest families suffered a decline in wealth in 2016. Three-quarters of the families increased their wealth, while 22% reported no change. The average return generated by family offices,...
ACI Worldwide and Ovum survey has found that 55% of retailers and merchants in the EMEA region plan to increase their investment into new payment capabilities Monzo has added a feature to its app that allows users to share their Monzo.me link from within the Deliveroo...
AIB and Frontline Ventures have launched the second AIB Discovery Programme, which will provide 15 high-potential technology start-ups with up to €200,000 in funding Lloyds Bank has agreed to let Intuit QuickBooks customers in the UK automatically import transactions...
McKinsey research has found that European private banks have suffered a 10% decrease in profits in 2016, the first annual fall since 2009. The decline in profits was attributed to a slowdown in new cash inflows, poor investment returns and a failure to control...