BFS

Today’s news in brief – 28/4/2025

Karen Scholes CA has been appointed president of the Institute of Chartered Accountants of Scotland (ICAS) for 2025/26, making her the sixth woman to hold the role in ICAS’ 171-year history. Scholes, partner director of Scholes CA, succeeds Alison Cornwell CA. Her leadership will focus on the evolving role of…

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BFS appoints new chief information and technology officer

Bibby Financial Services (BFS) has appointed Mark Holloway as chief information and technology officer as part of its growth strategy that combines people and technology to support businesses around the world.  Holloway joins BFS with over 20 years of experience in financial services and technology, most recently at Ashman where…

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Today’s news in brief – 23/10/2024

Evelyn Partners’ Assets under Management and Advice (AuMA) hit a record high of £62.7bn in Q3 2024, a 12.8% increase. Group operating income rose by 11.1% to £181.8m, with growth across Financial Services, Professional Services, and Fund Solutions. The firm also saw gross inflows of £1.9bn and continued net positive…

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SME bad debt value rises 127%, Bibby Financial Services finds

The value of bad debt suffered by small businesses has surged by 127%, according to a report by Bibby Financial Services (BFS). Businesses have written-off an average of nearly £40,000 in unpaid invoices in the last 12 months, up from an average of £17,500 in the spring. The proportion suffering…

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Today’s news in brief – 17/10/2024

AICPA and CIMA have appointed Mark Koziel as their next CEO, following an extensive global search. Koziel, currently president and CEO of Allinial Global, will succeed Barry Melancon, who will retire at the end of 2024 after 30 years of service. Koziel, who previously worked at AICPA in various executive…

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Bibby Financial Services appoints business development manager

Bibby Financial Services (BFS) has announced the appointment of Helena Warne as business development manager for Wales. She covered the Wales region for seven years at Lloyds Banking Group, specialising in Invoice Finance. In her role as area director, Warne led a team of over 10 commercial banking relationship managers.…

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Today’s news in brief – 22/7/2024

Ballards has appointed Peter Henry as its new governance and risk director, bringing over 30 years of experience in audit, compliance, and risk management. Henry’s career began in the 1990s in internal audit roles within the civil service and local government before moving to major companies like Fujitsu and Caterpillar.…

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BFS Marine Finance expands team

Bibby Financial Services (BFS) has bolstered its Marine Finance business with the appointment of an experienced front and back-office team as it looks to grow its support for the maritime sector. First launching in 2023, BFS Marine Finance provides specialist financing and support to the sector across a wide range…

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Today’s news in brief – 18/3/2024

Xeinadin Group has appointed Chantelle Grobler as its new CFO, emphasising her extensive experience spanning finance, mergers, and acquisitions. Grobler’s appointment aligns with Xeinadin’s growth strategy for becoming a trusted advisor to founder-owned businesses. CEO Derry Crowley praises Grobler’s track record, anticipating her valuable contributions amidst the company’s rapid M&A…

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Economic uncertainty holding back SME investment, says BFS

High interest rates and political uncertainty are holding back many businesses from investing in long-term business growth according to research from SME funder Bibby Financial Services (BFS). Over half (53%) of SMEs are putting off making major investments until interest rates fall, while four in 10 (43%) are delaying investment…

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