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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 ....

United Kingdom , Marcelino Castrillo , Claire Rankin , Shawbrook Bank , Bluestone Mortgages , Mortgage Lender ,

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. ....

New York , United States , United Kingdom , City Of , Nick Fahy , Lars Mucklejohn , Mark Mullen , Anne Boden , London Stock Exchange , Cynergy Bank , Atom Bank , Boston Consulting Group , New York , London Stock , Share Banks , Peel Hunt ,

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 ....

United Kingdom , Metro Bank On , Metro Bank , Financial Times , Chase United Kingdom , Jpmorgan Chase , Chase Uk ,