All articles by Brian Cantwell

RBS Commercial Banking sees operating profits rise to £397m in Q1 2018

Gupta acquired Diamond Bank for UK trade finance to Commonwealth after Brexit

Wyelands Bank owner Sanjeev Gupta acquired Nigerian Diamond Bank’s UK-regulated banking subsidiary, Diamond Bank (UK), subject to regulatory approval.

Fraikin Group receives €500m recap after acquisition by consortium

A consortium of investors has acquired European commercial fleet lessor Fraikin for an undisclosed amount.

Nordea warns business cycle starting to reach peak level

Nordea commercial and business profits hit €267m in Q1 2018, a 51% jump on the figure from Q1 2017, as the bank’s chief executive warned that it saw the business cycle at its peak.

Metro Bank RBS SME application ‘progressing’ as profits hit £10m

Metro Bank RBS SME application cost £590k in Q1 2018 as the bank pursued the RBS alternative remedies package application, it said in its results.

Hampshire Trust Bank appoints CEO after Sismey-Durrant retires

Hampshire Trust Bank have appointed a successor to Mark Sismey-Durrant

FCA clarifies credit and hire definitions after industry response

The Financial Conduct Authority (FCA) has made changes to the definition of income between consumer hire leases and consumer credit after a response to its consultation by ten leasing businesses including Henry Howard Finance, Kennet, 1pm and Tower Leasing.

STB commercial clinches £35m facility deal for metal manufacturer

Secure Trust Bank Commercial Finance has provided a £35m finance facility to Meridian Metal Trading.

Acquis in senior management reshuffle, appoints chief executive

Acquis Insurance Management, the UK based lease insurance services provider, has made senior management changes.

PCF Bank reaches £100m in retail deposits

PCF Bank retail deposits from customers have passed £100m (€115.68m) in total.