Regulator censures Wyelands over receivables finance due diligence failings
05-04-23 / by John Basquill
UK authorities say Sanjeev Gupta’s Wyelands Bank provided a receivables financing programme without checking whether...Wyelands Bank
Gupta trade finance bank in insurance spat over Phoenix losses
27-09-22 / by Jacob Atkins
A former trade finance lender owned by steel tycoon Sanjeev Gupta has turned to the...
Wyelands analysis of related party lending “insufficient”, CEO admits
30-06-21 / by John Basquill
The chief executive of Wyelands Bank, which is owned by metals tycoon Sanjeev Gupta, has...
Australian financier sues insurer in Phoenix Commodities collapse fallout
28-04-21 / by Jacob Atkins
An Australian agriculture finance provider is suing insurer the Bond and Credit Company (BCC) for...
Banks steer clear of GFG after Greensill collapse leaves funding gap
21-04-21 / by John Basquill
Opaque company structures and questionable transactions at the heart of Sanjeev Gupta’s GFG Alliance are...
Commonwealth Trade Bank closes, transfers assets to Wyelands Bank
01-05-20 / by Maddy White
The Commonwealth Trade Bank (CTB), led by British businessman Sanjeev Gupta, has closed amid tough...
Wyelands Bank recruits new deputy CEO and CFO
17-12-19 / by Maddy White
Wyelands Bank, a new UK bank for SMEs, has appointed Stephen Rose in the newly-created role...
Commonwealth Trade Bank names trade finance head
01-10-19 / by Sanne Wass
The Commonwealth Trade Bank has hired Stefan Butler as its new head of trade finance.
Wyelands Bank launches financing for renewables with new hire
21-08-19 / by Maddy White
Mark Turrell has joined Wyelands Bank as business development director for asset finance, as it...
UK auto industry facing financing, supply chain and Brexit woes
24-04-19 / by Drew Nicol
Amid a market slowdown and political disruption, a new survey of the UK’s mid-sized automotive...