PCF Bank has announced it will be leaving the UK banking market in a move that affects some 20,000 customers. The exit means it now won't offer any new personal savings accounts or loans. For existing ...
The Board is pleased to report that on 18 July 2017 the Bank received notification from its dual regulators, the Prudential Regulation Authority and the Financial Conduct Authority, that the ...
The Board is pleased to report that on 18 July 2017 the Bank received notification from its dual regulators, the Prudential Regulation Authority and the Financial Conduct Authority, that the ...
PCF's decision to wind up its lending business underscores the challenges facing small banks in Britain, where the costs of regulation and doing business have surged and competition from dominant ...
Shares in London-listed PCF Bank have tanked more than a third today after the firm announced it would halt lending activity as it struggled with cash levels following a failed takeover. PCF Bank, ...
The UK’s biggest banks have had to pull up their socks recently as a growing number of small and mid-sized lenders enter the scene with more competitive savings and lending rates. But fierce ...
PCF Bank has announced it will withdraw from the UK banking market after failing to raise capital and secure strategic options. The lender had been seeking to raise further significant growth capital ...
Appointment of interim chief executive, new chief finance officer, chief risk officer and General Counsel. Independent review has identified failings of financial controls and reporting processes.
The broadcast finance company will become a subsiduary of PCF bank following the firm’s acquisition Media industry finance company Azule Finance has been acquired by equipment financing specialist PCF ...
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