Shawbrook shares dive after profit jump on bullish AI plans Banking Shawbrook Bank reported a jump in profit for the last year in its first set of first set of financial results since its landmark IPO in October. The London-listed bank reported a pre-tax profit of £340.5m, up from £293.8m the year prior as costs tumbled and the group’s loan book swelled. Still, the firm’s shares [...]
Retail capital ready to power UK growth Partner RetailBook is set to unlock over £600bn of productive retail capital to power IPOsand bonds, driving UK growth and innovation. Retail investors are about to take centre stage in UK capital markets. After five years of unprecedented collaboration between the financial services industry, Government, HM Treasury and the Financial Conduct Authority (FCA), the Public Offers [...]