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Glasgow-based Clydesdale Bank is to sink £300 million into bolstering its operations ahead of its stock market flotation in the spring. Parent firm National Australia Bank is offering 25 per cent of CYBG -as it will be named for the float - to institutions, with the remainder retained by NAB invest

Audit, tax and consulting firm RSM, which has offices across Scotland, today announced a 26 per cent growth in UK annual revenues to £292m for its 2015 financial year ending 31 March. Consolidated UK company profits grew by 52 per cent to £19m, while profits of RSM UK Group LLP rose by 39 per cent

The Greater Manchester Loan Fund, managed by Scottish investment firm Maven Capital Partners, has invested in Salford-based e-Safe Systems Limited, a specialist software and service provider focused on safeguarding and the monitoring of risk across the UK educational sector. Through the use of sophi

Aberdeen Asset Management, Standard Chartered’s second largest shareholder, has said it will back the bank’s $5.1billion (£3.2bn) rights issue. Shares in Standard Chartered fell sharply yesterday after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018.

The Scottish Chambers of Commerce’s latest survey of Scotland's key business sectors in the third quarter has revealed a mixed picture that should "trigger an amber warning light" for governments north and south of the border, the body has warned. The chambers of commerce said the fall across manu

Scots private equity house Maven Capital Partners has announced a £5.4 million investment in GEV Group (GEV), a fast growing and diversified organisation with a key focus on the renewable sector. The business comprises of four main divisions which operate across multiple markets and global location

Still 73 per cent state-owned Royal Bank of Scotland Group has reported a third-quarter net profit of £952m, up from £896m year-on-year on the back of a £1.1bn one-off gain from its sale of US subsidiary bank Citizens. The news comes a day after RBS announced that it is selling its remaining 20.9

Clydesdale Bank has reported a rise in retail customer savings and lending for the year to September as its Australian parent firm set a date for its sale. National Australia Bank (NAB) announced that it is to float its British subsidiary on the London and Australian stock markets in early February

The Nationwide Building Society has launched a first of its kind support service for people affected by cancer. Britain’s biggest building society and second largest mortgage lender said the new service demonstrates the vital role the financial industry can play in supporting customers with cancer

Jennifer Young Scottish law firm Ledingham Chalmers has increased group turnover to £12.5 million, exceeding 2014’s record turnover by 0.76 per cent.

Nearly 10 per cent of UK companies don’t know how many cyber security attacks they have had this year and 14 per cent don’t know how they happened, according to PwC. Turnaround and Transformation, the latest Global State of Information Security Survey released today by PwC in conjunction with CI

The Board of Dundee-based wealth manager Alliance Trust has today written to shareholders to outline significant changes to the business that it believes will "enhance shareholder value" after months of poor performance and agitation by activist shareholders. In its statement, the trust says it is t

Jeff Spence Alliance Trust Savings has announced the appointment of Jeff Spence as the company’s new operations director.

Havelock Europa has announced plans to cut its workforce by 10 per cent as it warned annual profit and revenue will be “materially lower” than current market expectations. The Kirkcaldy-based shop, school and office fitting firm is shedding 50 jobs following a review of the business led by newch

Steven McKnight (left) welcomes Gary MacFarlane to his St. James’s Place Wealth Management team. St. James's Place Wealth Management has strengthened its Aberdeen team with the appointment of Gary MacFarlane in the role of financial consultant.