Wealth and Asset Management
Arbuthnot profits soar after disposals as Secure Trust eyes acquisitions
The banking group Arbuthnot is aiming to expand its lending services after selling off its subprime loans arm and most of its stake in Secure Trust Bank, which together sent the firm’s half-year profits soaring from £12.7m to £225m. Arbuthnot booked a £117m gain after agreeing to sell Everyday Loans…
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Click here to read the full story: The Telegraph