UPDATE 1-Lender NSF posts bigger loss as costs of failed M&A pile up
Lender Non-Standard Finance
posted a massive first-half loss on Tuesday, partly due to costs
related to its failed takeover attempt of larger rival Provident
Financial, while a strong market demand led to a jump in
adjusted earnings.
posted a massive first-half loss on Tuesday, partly due to costs
related to its failed takeover attempt of larger rival Provident
Financial, while a strong market demand led to a jump in
adjusted earnings.
Posted by Reuters