Vanquis returns to profitability in second half

27th Mar 2024 10:06

(Sharecast News) - Vanquis Banking Group reported a significant second-half turnaround on Wednesday, as after recording a loss in the first half, its new management team implemented swift changes, resulting in an adjusted profit before tax of £30.4m in the second six months of 2023.

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London close: Stocks mixed as investors look to US inflation data

11th Mar 2024 14:48

(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.

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Vanquis Banking warns on full-year profits

11th Mar 2024 07:38

(Sharecast News) - Vanquis Banking Group warned on full-year profits on Monday as it continues to be redevelop its customer proposition and reset pricing, and due to costs associated with reviewing complaints mostly related to credit cards.

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Vanquis Banking Group ends financial year as expected

1st Feb 2024 07:18

(Sharecast News) - Vanquis Banking Group said in an update on Thursday that its performance remained in line with management expectations since its third-quarter trading update on 17 October.

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Vanquis Banking returns to profit in Q3

17th Oct 2023 08:32

(Sharecast News) - Lender Vanquis Banking Group said on Tuesday that it had returned to profit during the third quarter on the back of cost cutting actions.

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Vanquis appoints HSBC veteran Dave Watts as new CFO

27th Sep 2023 07:23

(Sharecast News) - Vanquis Banking Group announced the appointment of Dave Watts as its new chief financial officer on Wednesday, set to commence in November.

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Vanquis Bank CFO steps down 'for personal reasons'

7th Aug 2023 11:01

(Sharecast News) - Vanquis Banking Group on Monday said chief financial officer Neeraj Kapur was stepping down with immediate effect "for personal reasons".

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Vanquis buys fintech firm Snoop

31st Jul 2023 07:51

(Sharecast News) - Vanquis Banking Group said on Monday that it has bought money-saving fintech Snoop for an undisclosed sum.

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Vanquis shares tumble as it swings to first-half loss

28th Jul 2023 08:40

(Sharecast News) - Shares in Vanquis Banking Group were plunging on Friday, after the company swung to losses in its first-half financial results.

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Vanquis names Peter Estlin chair

30th Jun 2023 08:02

(Sharecast News) - Vanquis Banking Group has named City veteran Sir Peter Estlin chair, the subprime lender confirmed on Friday.

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Vanquis Banking chairman Snowball to step down

19th May 2023 07:37

(Sharecast News) - Vanquis Banking Group said on Friday that chairman Patrick Snowball plans to step down from the board this year.

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Vanquis proposes dividend as profits exceed expectations

31st Mar 2023 11:52

(Sharecast News) - Vanquis Banking Group reported a strong performance in its preliminary results on Friday, with solid loan book growth in each of its businesses, despite a challenging macroeconomic backdrop.

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