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Vanquis warns over hit to profits from surge in claims and strategy overhaul

Vanquis warns over hit to profits from surge in claims and strategy overhaul
standard.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standard.co.uk Daily Mail and Mail on Sunday newspapers.

Vanquis Banking warns on full-year profits, shares tank

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: Bradford-based specialist lender warns over hit to profits from surge in claims and strategy overhaul

Vanquis: Bradford-based specialist lender warns over hit to profits from surge in claims and strategy overhaul
yorkshirepost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yorkshirepost.co.uk Daily Mail and Mail on Sunday newspapers.

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Vanquis shares slump as FCA motor finance probe ups costs

The Bradford-based firm expects an adjusted return on tangible equity - net earnings divided by shareholders equity - in the low single digits for the current financial year.

Ian mclaughlinVanquis banking groupFinancial conduct authorityFinancial ombudsman services

Vanquis shares slump as FCA motor finance probe ups costs

The Bradford-based firm expects an adjusted return on tangible equity - net earnings divided by shareholders equity - in the low single digits for the current financial year.

Ian mclaughlinFinancial conduct authorityVanquis banking groupFinancial ombudsman services

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