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By Iain Withers LONDON (Reuters) -Morses Club's shares fell by as much as 67% on Monday after a profit warning and the abrupt departure of its chief executive, who the British sub-prime lender said...
LONDON (Reuters) - British subprime lender Morses Club announced on Friday it had abandoned a planed overhaul of its business and rebrand as U Money. Morses said it was scrapping the plan following a...
By Sinead Cruise and Iain Withers LONDON (Reuters) - One morning, after years of financial prudence and solid creditworthiness, you wake up and it's all gone. You're no longer worthy. You're a risk....
By Huw Jones and Iain Withers LONDON (Reuters) - Britain's Financial Conduct Authority said on Monday that Wirecard (DE:WDIG) was addressing its concerns but restrictions on the collapsed German...
By Shashank Nayar and Sagarika Jaisinghani (Reuters) - London shares retreated on Monday as investors feared a second round of lockdowns with global COVID-19 deaths crossing half a million, while a...
June 29 (Reuters) - Britain's FTSE 100 index (.FTSE) is seen opening 28 points lower at 6,131 on Monday, according to financial bookmakers, with futures (FFIc1) down 0.68% ahead of cash markets...
LONDON (Reuters) - Online accounts provided by lender Morses Club (L:MCLM) have been frozen following action by British regulators against the UK unit of collapsed payments services firm Wirecard,...
(Reuters) - Sub-prime lender Provident Financial (L:PFG) said on Friday its credit card business was on track to deliver full-year profits in line with an internal plan as it continues to rebuild...
By Noor Zainab Hussain and Muvija M (Reuters) - Britain's second-largest doorstep lender Morses Club (L:MCLM) expects to take on more customers as a regulatory crackdown forces smaller players to...
By Noor Zainab Hussain (Reuters) - British subprime lender Provident Financial Plc (L:PFG) set out a recovery plan for its home credit business, which is set to post a 2017 loss of up to 120 million...
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