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Too much risk in financial services – The Warehouse boss

CEO Nick Grayston downsizes the business his predecessor tried to diversify.

Calida Smylie
Tue, 25 Jul 2017

The Warehouse Group decided to get out of its financial services business before the losses spiral further, as it brings business back to the basics it’s known for.

The retail group announced yesterday it is selling its financial services unit – which sells credit and insurance – to SBS Bank

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Calida Smylie
Tue, 25 Jul 2017
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Too much risk in financial services – The Warehouse boss
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