IN BRIEF: Vanquis Banking CEO Ian McLaughlin to step down by 2026-end

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Vanquis Banking Group PLC - Bradford, England-based bank - Announces that Ian McLaughlin has informed the board that he intends to step down as chief executive officer for personal reasons by the end of 2026. Current Deputy CEO John Natalizia, who is also the CEO of fintech Snoop, will become interim CEO when McLaughlin steps down. Outgoing CEO McLaughlin will ensure an orderly transition, Vanquis says.

Current stock price: 77.30 pence each, down 0.1% on Friday afternoon in London

12-month change: down 28%

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