FT 05/12/19 | Vox Markets

FT 05/12/19

Ted Baker (TED) appoints consultancy to review operations. AlixPartners tasked with drawing up turnround strategy in wake of difficult year

Lombard – M&C Saatchi (SAA) 1980s model leaves investors seeing red. Advertising group was built on shared ownership — but not shared accounting policies

Metro Bank (MTRO) chief Craig Donaldson to step down. Departure will leave struggling UK bank without permanent CEO or chairman

Stockbroker Numis Corporation (NUM) suffers from London stock market slowdown. Aim-listed group also blames Brexit uncertainty as profits plunge 61%

Lex – Numis Corporation (NUM): poll dancer. A clear Tory win in the election would help calm business nerves

Zopa backer cuts valuation almost in half. Investor Augmentum Fintech (AUGM) takes writedown as sentiment towards lending platforms weakens

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Mentioned in this post

AUGM
Augmentum Fintech
MTRO
Metro Bank
NUM
Numis Corporation
SAA
M&C Saatchi
TED
Ted Baker