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How Have the Preferences of Financial Services Clients Changed in the Past Few Years, in Terms of How They Prefer to Interact With Their Banks?
Date: May 6, 2022
Leena Iyar, Chief Brand Officer, Moxo A decade ago, the only option clients had to interact with a bank teller or representative was to visit a physical branch. Over the last few years, phone and email have offered improvements to the customer experience, especially for clients who don’t want to be on hold with representatives...
Virgin Money Profits Jump, Shares Slip on Cautious Outlook
Date: May 5, 2022
By Shanima A and Iain Withers (Reuters) -British bank Virgin Money posted a jump in half-year profits, but disappointed some investors by not announcing a share buyback plan, sending its shares down 10%. The lender, born out of the merger of CYBG and Virgin Money, said on Thursday it was boosted by strong credit card...
Bentley Q1 Profit Soars Despite Cars Lost at Sea and Stuck in China
Date: May 5, 2022
By Nick Carey LONDON (Reuters) – Luxury British carmaker Bentley on Thursday said its first-quarter operating profit jumped 162% versus the same period last year, as soaring vehicle prices offset the loss of some cars at sea and pandemic-related delivery problems in China. The Volkswagen unit said high customer interest in new models resulted in...
Virgin Money Raises Annual Net Interest Margin Forecast as Profit Jumps
Date: May 5, 2022
(Reuters) -British challenger bank Virgin Money UK Plc raised its annual net interest margin forecast on Thursday, boosted by strong credit card spending by customers and rising interest rates. The lender, born out of the merger of CYBG and Virgin Money, said it remained “prudently” provisioned due to the uncertain macroeconomic outlook and increased cost...
Zalando Posts First Decline in Sales Since Founding
Date: May 5, 2022
BERLIN (Reuters) -Zalando posted a decline in sales for the first time since the German online fashion retailer was founded, leading it to dim its outlook for 2022 on Thursday. First-quarter sales fell by 1.5%, to 2.2 billion euros ($2.33 billion), after posting a 46.8% increase in the same quarter last year thanks to the...
Sheetgo, the SaaS Application That Automates Processes From a Spreadsheet, Announces a $2m Transaction to Grow Its Customer Base
Date: May 5, 2022
The company also announces the addition of notable investors and founders to its advisory board from Dropbox, Accel-KKR, Microsoft and a number of other unicorns MADRID, 5TH MAY, 9AM CET: Sheetgo, the SaaS application that enables spreadsheet users to automate their work building workflows that collect, process, optimize and update data, announces that it has just completed a...