COLG is pleased to announce that following the receipt of the Total Capital Requirement Letter announced on 23 July 2020, the minority equity interest in its subsidiary Recognise Financial Services Limited (“Recognise”), held by the Recognise management team, has been converted into ordinary shares in the Company. Read the full announcement here.
The Company today announces a business update. The Company has in place measures and infrastructure to allow its staff to work effectively from home over an extended period. Measures have been taken to reflect the reduction in business volumes in certain of the group businesses. COLG’s subsidiary, Recognise, is progressing with its application to the …
“Rejuvenation of the regions is overdue and innovative banking can help”. Recognise NED Louise McCarthy tells Specialist Banking how the new bank will address the £22bn SME funding gap. Full article here.
The City of London Group is included in finnCap’s ’11 for 20′ investment ideas review, with an estimated potential upside of 114%. Read the report extract here.
City of London Group Plc is very pleased to announce that, its subsidiary, Recognise Financial Services Limited (“Recognise”) has announced the appointments of David Jenkins as Chief Financial Officer and Patrick Ferguson as Chief Risk Officer to the Executive team, highlighting the increasing metabolic rate of preparedness for the forthcoming SME Bank launch planned for …
The board of COLG today announces an update to its Investment Proposition. Read the updated Investor presentation here.
Investment Advisor finnCap has published a positive research note relating to COLG and the prospects for Recognise, the SME focused bank and COLG subsidiary. It states: ‘All indications point to a high return on the capital in the bank, supporting future capital raises.’ To read the full finnCap published research on COLG, please click here to register.
City of London Group Plc (COLG) is very pleased to announce that, its subsidiary, Recognise Financial Services Limited, has formally submitted its application to the Prudential Regulatory Authority (and the Financial Conduct Authority) to be authorised as a Bank. Read the full announcement here.
City of London Group Plc (COLG) is very pleased to announce that, during November 2019, its subsidiary, Recognise Financial Services Limited, will be formally submitting its application to the Prudential Regulatory Authority (and the Financial Conduct Authority) to be authorised as a Bank. Read the full announcement here.
“We believe SMEs are very underserved” she told the publication, “We will combine the human touch with cutting-edge technology to give our clients a superior customer experience.” Read the full interview here.