Addleshaw Goddard

UK 200 2013 position: 23

InCredit March 2014 — market news: Paragon Bank launches under PRA new capital regime; and more

Addleshaw Goddard has published the March 2014 edition of InCredit. According to a company press release, Paragon Bank has become the first new bank to obtain a banking licence from the PRA. It will be a specialist online bank as opposed to a challenger bank, according to reports.

Contents

  • Paragon Bank launches under PRA new capital regime
  • Funding Circle receives £40m from UK government
  • Crowdfunding hits UK TV
  • Santander expects car finance deal with Peugeot
  • Iceland bank collapse brings new bill for British banks
  • Airbus creates in-house bank to lend to customers
  • Lloyds returns to profit

Click on the link below to read the Addleshaw Goddard briefing.

Briefings from Addleshaw Goddard

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Analysis from The Lawyer

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    Another Mancunian merger for Slater & Gordon?

    Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?

  • Addleshaws

    Number crunching: Addleshaw Goddard

    The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.

View more analysis from The Lawyer

Overview

Milton Gate
60 Chiswell Street
London
EC1Y 4AG
UK
http://www.addleshawgoddard.com

Turnover (£m): 166.50
No. of Lawyers: 592

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