Talk:Aldermore

Possible COI
I would like it to be noted that may have a conflict of interest.

My reasoning is this edit's accidental inclusion of file links. The filenames are all "Aldermore Wikipedia September 2016.docx", which is odd, but possibly legit. The issue is, these are in the Outlook download folder, which means someone emailed them this, likely.

And then, there's the username.

Looking up "calvin.defreitas aldermore" gets us sent to an article on Aldermore's website involving this person. They are referred to as "in-house Content and Social Media Strategist, Calvin De-Freitas".

I feel this is sufficient evidence to say this editor likely has a conflict of interest.. – 🐈? (talk) (ping me!) 17:13, 3 January 2017 (UTC)


 * Agreed. Also the content was not independently sourced as required by WP:CITE. I have tagged the article accordingly. Dormskirk (talk) 23:07, 3 January 2017 (UTC)

Summary edit request
Hi, I work for a communications agency called Lansons, working on behalf of one of our clients Aldermore Bank. We're engaging as a member of the Wikipedia community having signed the official agency/Wikipedia agreement set out here Statement_on_Wikipedia_from_participating_communications_firms. This means we follow guidelines, most importantly understanding the last change rejections and that we have COI, meaning we let members of the Wikipedia community decide (or not decide) to make changes for us. We have drafted a number of suggested changes for this page, which may be best debated through section by section. To start with we're looking to have the initial summary of Aldermore Bank.

Therefore we have prepared the below additions to the initial summary section:

''The bank offers lending across the following areas: asset finance, invoice finance, SME commercial mortgages, buy-to-let mortgages and residential mortgages. Its lending activity is largely funded by the deposits it receives from business and personal savers. [i]

Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its regional offices. It was also the first bank to offer this service and publishes this customer feedback unedited on its website.[ii] ''

[i] Hurley, James (6 May 2012) Aldermore - A Dads Army Bank For SMEs. The Telegraph. Retrieved 11 May 2015.[ii] Aldermore becomes first UK bank to offer ratings and reviews service. Aldermore Group PLC. 26 February 2013. Retrieved 22 September 2016.

We're keen to get feedback and talk through any changes. Thanks

PeterTEKnott (talk) 14:57, 3 February 2017 (UTC)


 * Hi - Thanks for your request. I have added both the additions. I have added them to the operations section because per WP:LEAD the lead section should be a summary of the of the article rather than a vehicle to introduce new material. Also I have used an alternative citation for your second addition as company press releases do not meet the requirements of WP:CITE. Best wishes. Dormskirk (talk) 19:38, 3 February 2017 (UTC)

Proposing updated content

 * Hi, thank you for adding both additions. We have some further text to be added to the 'History' section of the Wikipedia page. Our additions have been drafted to best comply with Wikipedia policies. Again, it would be great to know if this these additions are suitable. You will find my additions in italics below and the current text in bold.

Aldermore was established by Phillip Monks with backing from private equity company, AnaCap Financial Partners LLP, in 2009[2]and Morgan Stanley Alternative Investment Partners, Morgan Stanley’s Private Equity Fund of Funds business in 2009.

''Aldermore launched in May 2009 following the acquisition of Ruffler Bank and Base Commercial Mortgages. The acquisition of Ruffler Bank provided Aldermore with its banking license and an asset finance business which was combined with the commercial mortgage business of Base Commercial Mortgages.[i]''

''The bank began accepting retail deposits in July 2009. An invoice finance business, Cattles, was acquired by AnaCap at the end of 2009, and became part of Aldermore [ii]. The bank launched a residential mortgage business in May 2010, as well as purchasing a small asset finance business in 2010.''

It raised £62 million of further investment from a consortium of funds managed by Goldman Sachs Asset Management, Honeywell Capital Management, and the Ohio Public Employees Retirement System in August 2011[3] and it received an additional capital investment from Centerbridge Partners when it issued a £36 million subordinated bond in May 2012.

''In 2012 the bank reached its first full year of profits in its third year of operations. [iii]''

Aldermore was recognised as a ‘challenger’ bank by the media,and launched a successful initial public offering in March 2015.

''In March 2015, Aldermore Group PLC shares listed on the Main Market of the London Stock Exchange [iv]. At the point of listing, the bank had a total market capitalisation of approximately £651 million [v].''

The bank entered the FTSE 250 Index in June 2015 [vi].

[i] Cave, Andrew (30 July 2011). Aldermore - a bank that loves to lend. The Daily Telegraph. Retrieved 29 April 2015. [ii] Hurley, James (6 May 2012). Aldermore - A Dads Army Bank For SMEs". London: The Telegraph. Retrieved 21 January 2013. [iii] Croucher, Shane (31 July 2013). Challenger Bank Aldermore Boosts SME and Consumer Lending by 60%. International Business Times. 31 July 2013. Retrieved 15 October 2015. [iv] London Stock Exchange (13 March 2015). London Stock Exchange Today Welcomed Aldermore Group London Stock Exchange PLC. 13 March 2015. Retrieved 29 April 2015. [v] Partington, Richard (10 March 2015). Aldermore Raises $340 Million in London Initial Public Offering. Bloomberg. Retrieved 1 May 2015. [vi] Thomas, Paul (10 June 2015). Challenger banks join FTSE 250. Mortgage Strategy. Retrieved 21 September 2016.

Happy to talk through any changes. Thanks.

PeterTEKnott (talk) 09:57, 10 February 2017 (UTC)


 * Hi - I have made most of the additions. We do not normally delete existing properly sourced information without very good reason. Also we do not normally treat joining the FTSE 250 as "historic" because we have aricles on all FTSE 250 companies and by definition they are all members of that index. Hope this helps. Dormskirk (talk) 10:33, 10 February 2017 (UTC)

Proposing updated content
Thank you again for making the additions above. I would also like to make the following additions to the 'Affiliations' section of the Wikipedia page. These additions have been drafted to best comply with Wikipedia policies.

''Aldermore is also authorised by the Prudential Regulation Authority (PRA) and regulated by the Prudential Regulation Authority and the Financial Conduct Authority (FCA)[i] and deposits placed with the Bank are covered by the Financial Services Compensation Scheme (FSCS).[ii]

Aldermore is a member of the following bodies:

•	British Bankers’ Association (BBA)[iii]

•	Finance and Leasing Association (FLA)[iv]

•	Asset Based Finance Association (ABFA) [v]

•	Council of Mortgage Lenders (CML) [vi]

•	Intermediary Mortgage Lenders Association (IMLA)[vii]''

[i] Aldermore Group PLC. Legal. 29 December 2014. Retrieved 14 February 2017. [ii]Aldermore Group PLC. FSCS. 30 January 2017. Retrieved 14 February 2017. [iii] British Bankers' Association. BBA Members. Retrieved 14 February 2017. [iv] Finance and Leasing Association. Directory. Retrieved 14 February 2017. [v] Asset Based Finance Association. List of Members. Retrieved 14 February 2017. [vi]Council of Mortgage Lenders. Directory of members. Retrieved 14 February 2017. [vii]Intermediary Mortgage Lenders Association. Members list. Retrieved 14 February 2017.

Thank you again and happy to talk through any changes. Thanks.

PeterTEKnott (talk) 14:04, 14 February 2017 (UTC)


 * I have added the affiliations but am not so sure about the regulatory information because (i) the information is not independently sourced and (ii) a reputable business like Aldermore should be properly regulated and, as a reader of wikipedia, I would probably be more interested in exception reporting i.e. regulatory failures. I hope this helps. Dormskirk (talk) 21:10, 14 February 2017 (UTC)

Proposing updated content
Hi, I have a couple of additional changes that I would like to make. These additions have been drafted to best comply with Wikipedia policies. Again, it would be great to know if this these additions are suitable. You will find my additions in italics below.

Updated chairperson

Glyn Jones has now left and the interim chair is Danuta Gray. I’d suggest it would read:

Key people Danuta Gray (Interim Chair) [i]

Updated financials

Revenue £358.2 million (2016) – (appears as interest income in our summary financials)

Operating income £267.5 million (2016) – (appears as operating income)

Net income £93.5 million (2016)[ii] – (appears as statutory profit after tax)

[i] Aldermore Group PLC.Board Directors. Retrieved 14 March 2017 [i] Aldermore Group PLC. Results. Retrieved 14 March 2017

Thank you again and happy to talk through any changes. Thanks. PeterTEKnott (talk) 14:55, 14 March 2017 (UTC) — Preceding unsigned comment added by PeterTEKnott (talk • contribs) 11:32, 14 March 2017 (UTC)


 * Updated (and I have properly taken account of administrative expenses). Dormskirk (talk) 22:52, 14 March 2017 (UTC)