YEAR 2019
The Company announces its audited final results for the year ended 31 March 2019. Michael Goldstein, CEO, commented: “This has been another year of considerable progress for the City of London Group. We have continued to focus on implementing our long term growth strategy of serving the UK SME market and increasing the financial strength …
The board of COLG today announces an update to its Investor presentation. Read the updated presentation here.
Recognise Financial Services Ltd has announced the appointment of Moorad Choudhry as its fifth Independent Non-Executive Director (INED). He joins the recently appointed Chairman Philip Jenks and fellow INEDs Louise McCarthy, Richard Gabbertas and Simon Wainwright and brings a wealth of experience in Treasury and Liquidity Management, as well as great banking knowledge. Read the …
Former Habib Bank CEO Moorad Choudhry to join Recognise Financial Services Board Read More »
When relationships count, it’s the new entrants who are gaining market share. Research commissioned by COLG subsidiary Recognise found that almost two-thirds (65%) of UK SMEs were unable to gain access to a senior decision maker at the ‘Big Four’ banks. Read the full article here.
COLG is pleased to announce the appointment of Philip Jenks as non-executive chairman to the board of its subsidiary, Recognise Financial Services Limited (“Recognise”). Mr Jenks is currently deputy chairman of Charter Court Financial Services Group and has over 40 years experience in the financial services and mortgage industries. Read the full announcement here.
Following the Company’s announcement on 28 March 2019, COLG announces that it has issued the final 400,000 new Shares of the Capital Raising. The Company has now issued the total 10,520,000 new Shares relating to the Capital Raising. Read the full announcement here.
City of London Group (CIN.L) continues to strengthen the board of Recognise with the appointment of Louise McCarthy as an independent non-executive director (INED). She joins fellow INEDS Richard Gabbertas and Simon Wainwright. Read the full announcement here.
City of London Group and Recognise CTO Monica Velasquez writes in Specialist Banking about the radical approach the challenger bank is taking with its technology platform. “The overall aim is to deliver a private banking experience where the customer has access to the right tools and can communicate directly with their relationship manager via different …
Following the Company’s announcement on 15 March 2019, COLG announces that the Takeover Panel has given a waiver of Rule 9 of the Takeover Code in order to permit the Capital Raising to proceed with the participation of the MBIL Concert Party without a general offer needing to be made by the MBIL concert party …
Completion of Capital Raising and Total Voting Rights Read More »
City of London Group’s Michael Goldstein and Recognise’s Jason Oakley explain the main challenges small and medium-sized enterprise (SMEs) face when trying to access financial services and how Recognise aims to redefine the SME banking experience. See the video here.
