На информационном ресурсе применяются рекомендательные технологии (информационные технологии предоставления информации на основе сбора, систематизации и анализа сведений, относящихся к предпочтениям пользователей сети "Интернет", находящихся на территории Российской Федерации)

#Vanquis Bank

Zero Hedge

Bill Blain On Provident's Suprime Shock: "Can’t Get Much Worse You’d Think? Oh Yes It Can"

By Bill Blain of Mint Partners Blain's Morning Porridge Provident Financial. What a mess. Is it an opportunity? Provident has become the story of the week. In case you missed it: the stock has been hammered and its bonds are trading massively down on the back of multiple bad news bullets: an FCA

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Zero Hedge

There's A New Subprime Crisis, But It's Not What You Think

Authored by Robert Colvile via CapX.co, The struggles of Provident Financial have fuelled concerns about a new sub-prime crisis Buyers of Provident's car loans are up to their eyeballs in debt Regulation has discouraged big banks from offering affordable credit to the poor A decade on from the

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Zero Hedge

"Clearly Awful News": UK Subprime Lender Provident Crashes Most On Record, CEO Quits

UK subprime lender Provident Financial Plc crashed the most on record, its stock plunging over 73%, on what analysts called a "quadruple whammy": a profit warning forecasting a full-year loss, scrapping its dividend, a regulator probe into its Vanquis Bank unit, and the departure of CEO, the aptly

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