November 15, 2019 / 7:23 AM / 7 months ago

UK's NSF warns on profit, cuts medium-term loan book growth targets

Nov 15 (Reuters) - British lender Non-Standard Finance warned on annual profits and slashed its medium-term targets for loan book growth, highlighting its struggles to make it alone after its failed bid for larger rival Provident Financial.

NSF, in a separate statement, said its chief financial officer, Nick Teunon, will step down from the role next March.

The company named Teunon’s deputy Jono Gillespie as the successor. (Reporting by Muvija M in Bengaluru; Editing by Shailesh Kuber)

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