Credit, Collections & Insolvency News
Close Brothers Motor Finance employees have raised £12,898.47 for Great Ormond Street Hospital through a series of charity events. In a bid to raise money for the charity, employees from the business took part in a range of fundraising initiatives, including a 1,300 mile cycling challenge between all of Close Brothers Motor Finance’s offices. This…
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https://www.theguardian.com/business/2016/aug/31/pwc-fined-over-auditing-of-subprime-lender-cattles
Read moreCabot Credit Management (CCM) has appointed Jose R Cadena as its new Chief Executive Officer (CEO) for its Spanish operation Gesif S.A.U. effective from 12th September.
Read moreLeeds Building Society has appointed Richard Dew as it’s new Head of IT Risk and Governance.
Read moreArrow Global Group PLC has announced its interim results for the six months to 30 June 2016. Commenting on the results, Tom Drury, Group chief executive officer of Arrow Global said: “Arrow Global has been pursuing a consistent and proven strategy over many years. This has seen us deliver profitable growth in the UK, while continuing…
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Callcredit Information Group has appointed Peter Simpson as Head of Partnerships and Steve Wishart as Head of Lending. Commenting on the appointments Eamonn Tierney, managing director, Credit Solutions, Callcredit Information Group said: “I am delighted to welcome Peter and Steve into their new roles which will play a part in the next chapter of our Credit…
Read moreMotormile Finance (MMF) has achieved full authorisation by the Financial Conduct Authority (FCA). Denise Crossley Chief Executive Officer of Motormile Finance UK, said: “I am very proud to be able to announce that we have been authorised by the FCA. We have worked extremely hard to get to this point and all credit has to…
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Cabot Credit Management (CCM)) has announced its financial results for the past 6 months (period ending June 2016. The statement said that Debt purchase collections increased 24% from £141.6million to £175.9 million compared with the same period in 2015. 120-month Estimated Remaining Collections increased to £2.07 billion from £1.92 billion for the same period in 2015 and…
Read moreTech Mahindra’s acquisition of Target Group has been formally approved by the Financial Conduct Authority (FCA). Ian Larkin and Bill Alley, co-group Chief Executive Officers stated: “We would like to thank Pollen Street Capital for its four years of support and assistance in moving the business forward. Our focus now will be on accelerating the next…
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https://www.theguardian.com/money/2016/aug/23/aa-mortgages-fixed-rate-breakdown-cover
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http://news.sky.com/story/wonga-shake-up-goes-on-as-jordan-takes-top-uk-job-10548010
Read moreArrow Global Group PLC have received their full Financial Conduct Authority (FCA) authorisation. The group includes Capquest Debt Recovery. Commenting, Tom Drury, Group Chief Executive Officer, said: “We are delighted to have received the necessary FCA authorisations. They are an important milestone for the Group and are core to delivering on our strategy.”
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Close Brothers Motor Finance has expanded its Motorcycle Division with the appointments of Lee Collins and Paul Crossley as Motorcycle Account Specialists
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