Browsing: Financial Services News
Financial services firms reported strong returns on artificial intelligence investments in 2025, yet 62% of their AI initiatives remain trapped in pilot or development stages, unable…
The House of Lords Financial Services Regulation Committee has released a report urging reform of the Financial Ombudsman Service (FOS). It calls for both the Financial…
Lending managers are pivotal in today’s specialist finance market, ensuring personalised and effective service.Their expertise bridges the gap between clients, brokers, and underwriters, streamlining the lending…
Philip Jenks has been appointed as a non-executive director at Chetwood Bank, bringing over 50 years of industry experience.Jenks’ expertise will be invaluable to Chetwood Bank…
The UK financial services sector faces a crisis in public trust, which hampers potential growth.Over 400 stakeholders advocate for smarter regulation to protect consumers and small…
The Transparency Taskforce has raised concerns over the low public trust in the UK’s financial sector.A letter addressed to Chancellor Rachel Reeves highlights the urgency of…
Advanta Solutions has significantly increased its assets under management by £800 million through the acquisition of City Financial Planning, marking another strategic expansion in 2024.This acquisition…
Shaun Persaud has been appointed as the new Business Development Manager (BDM) for CHL Mortgages, focusing on Essex and East Anglia.CHL Mortgages expands its broker support…
CHL Mortgages expands its broker support by appointing Shaun Persaud as Business Development Manager (BDM) for Essex and East Anglia, enhancing their strategic growth.Persaud steps into…
Sainsbury’s strategic move to sell its Argos credit card portfolio to NewDay marks a significant shift in its financial services direction.The £720 million deal aligns with…
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