Credit, Collections & Insolvency News
EY-Parthenon has announced the appointment of four senior promotions in its Turnaround and Restructuring Strategy (TRS) team. George Mills and Alex Williams, who specialise in working with creditors and borrowers in stressed and distressed situations, have been promoted to Equity Partners. Dillon Marambe, specialising in liquidity and working capital, and Tim Vance, who also specialises…
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DF Capital has announced that it has appointed Richard Baxter as its Director of Credit, leading the business’ first line credit underwriting and sanctioning, portfolio management and audit teams. As part of DF Capital’s senior leadership team, Baxter will report into CEO Carl D’Ammassa and will be based at the company headquarters in Manchester. Baxter…
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The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England (the regulators) are seeking views on regulatory plans to improve diversity and inclusion in financial services. In a discussion paper, the regulators have revealed policy options including, among others, the use of targets for representation, measures to make senior leaders directly accountable for…
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FinTech company IE Hub is callung for change in a battle to support consumer needs. The firm has reached out to experts from energy, water, customer vulnerability, and technology in a drive to build a robust ‘Thought Leadership Group’. The Group chaired by Ian Parry, aims to build a vibrant community through which the sectors…
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New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average amount figure owed being £21,373. The figure represents more than two thirds (67%) of typical SMB monthly turnover. The company’s Late Payments Bulletin provides a snapshot of the late payments issues…
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