Live Breaking News & Updates on Shawbrook

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Shawbrook's purchase of Bluestone Mortgages helps boost profitability – Mortgage Strategy

Shawbrook Bank generated pre-tax profits of £302m over the past year, with its purchase of Bluestone Mortgages in May 2023 helping contribute to its growth. This is an significant increase on the £238m pre-tax profit delivered the year before.  The bank saw its annual loan book increase by 24% to £13.3bn. This

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Why challenger banks are nervous about listing in London

A string of UK challenger banks have hit the headlines in recent months for grand plans to compete with their larger rivals on the London Stock Exchange. But executives looking to IPO have plenty to worry about.

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Monday newspaper round-up: Fujitsu, Vodafone, Shawbrook

Bosses at Fujitsu have collected about £37m in pay, bonuses and compensation for loss of office since the technology company won the contract to supply the software at the heart of the Post Office Horizon scandal, it has emerged. Accounts going back 25 years reveal the seven-figure sums paid out to executives of the UK division of the Japanese-owned technology company, even as more than 900 people were prosecuted as a result of flaws in the system their company supplied. – Guardian

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German exit from EU 'would ruin economy'

Germany would wreck its economy if it copied Britain and left the EU, the country’s finance minister has claimed.

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Top 10 financial services and fintech stories of 2023

Generative AI is the buzzword on every financial services IT professional’s lips as the technology promises to accelerate the ongoing fintech revolution.

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Metro Bank: JPMorgan Chase opted out of bid for Metro Bank

JPMorgan Chase contemplated a potential bid for Metro Bank but ultimately decided against it due to the substantial additional capital requirements fo

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FTSE 100 Live: Lloyds "too cheap" says Barclays, and Kingfisher hit by warning

FTSE 100 up 2 points at 7,655 Kingfisher slips on profit warning Lloyds too cheap, says Barclays 4:05pm: Bank of America lifts Phoenix Group's price target...

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FTSE 100 Live: Stocks end flat ahead of inflation print, rate call

FTSE 100 closes up 7 points at 7,660 Kingfisher slips on profit warning Lloyds too cheap, says Barclays 4:40pm: FTSE holds in positive territory ahead of...

Poland , Greece , Germany , Spain , Saudi-arabia , London , City-of , United-kingdom , Hungary , Paris , France-general- , France

A big British lender is planning a merger on Co-operative Bank | City & Business | Finance

Shawbrook, one of the country's biggest lenders to small businesses is planning a £3.5bn merger on the Co-operative Bank.

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