Target Group appoints new Chief Client Officer

11th October 2016 Consumer Collections |

Target Group has today announced the appointment of Jeremy Edwards as the company’s Chief Client Officer (CCO). Having held senior leadership positions at Accenture, Firstsource Solutions and Hinduja Global Services, Jeremy brings with him a wealth of experience in financial services, business process outsourcing (BPO) and client services. The new role brings together business development, client…

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Napthens appoints new Debt Recovery Manager

11th October 2016 Commercial Credit Management |

Sharon Walker has joined North West law firm Napthens as debt recovery manager. Walker, a Chartered Legal Executive, will be based in the firm’s Preston office.  She joins following almost ten years’ experience in the recovery of debt from individuals and businesses, working for companies including Marsh Finance Ltd, Bolton-based Keoghs LLP and Ralli Solicitors in…

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Cerberus buys £2 billion book of loans from Ulster Bank

11th October 2016 Consumer Collections |

Ulster Bank has sold off £2 billion tranche of loans to Cerberus.  The portfolio consists 900 mortgages, across Ireland. Around 14% of the debt is based in Northern Ireland. A spokesman for Ulster Bank said: “Ulster Bank has confirmed the completion of a sale of significantly impaired loan portfolio, predominantly in the Republic of Ireland, enabling…

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Professional salaries grow by 3.6%

11th October 2016 Commercial Credit Management |

Average starting salaries for professional roles have grown by a composite rate of 3.68% in the past three years, according to the recruitment specialist Robert Half. Salaries for professional roles in finance and accounting, financial services, technology and administration are predicted to grow by a further 2.1% in 2017. Starting salaries for accountancy and finance roles…

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Brexit will increase the number of UK business failures

11th October 2016 Commercial Credit Management |

Sixty two per cent of a cross section of the UK’s insolvency industry believes that Brexit will lead to an increase in the number of business failures over the next 12 months, according to a survey conducted by international law firm Pinsent Masons. Over 400 insolvency practitioners attended th Restructuring and Insolvency conference, hosted by Pinsent…

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Rimilia appoints Operations Director

11th October 2016 Commercial Credit Management |

Brian Morgan has been appointed as Operations Director for the Rimilia Rimilia Commercial Director Steve Richardson said; “We are delighted to welcome Brian to our executive team. He is well known as a leading innovator in the Credit World and brings a host of experience to the Rimilia management team. Brian will help develop our strategy,…

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