Blair Nimmo and Alistair McAlinden of KPMG LLP have been appointed as joint administrators of Corporate Road Solutions 24:7 Limited. Based in leasehold premises at Redmill Industrial Estate in Bathgate, the company was incorporated in October 2005 operating as a road haulage contractor and freight f
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Private bank Hampden & Co has hired Andrew Bell as its chief commercial officer. Most recently employed as commercial director, Europe at Aegon Asset Management, Mr Bell will bring broad financial services experience in wealth management, asset management and private banking from senior rol
The Scottish Investment Trust PLC has been named ‘Best Investment Trust’ at the Shares Awards 2019 for the 2nd consecutive year. The awards, created to celebrate the best of the UK financial services industry, are determined by the votes cast by readers of Shares magazine.
Finance management company Foresight Group has opened an office in Edinburgh's George Street to support the deployments of the £20 million Foresight Scottish Growth Fund. Earlier in 2019, the Scottish Government announced the appointment of Foresight as one of the equity fund managers to
A new international task force run by Glasgow-based Islamic Finance Council UK (UKIFC) is to be created with the support of the UK Government to engage the Islamic finance industry with the UN’s Sustainable Development Goals. The high-level Islamic Finance and Sustainable Development Goals (SG
The Financial Conduct Authority (FCA) has fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on selling annuities directly
Johnston Carmichael has opened its first premises outside of Scotland with a new office based in London. The new office has opened as part of a strategic expansion of its financial services sector offering.
Business activity in the Scottish economy declined in the third quarter of this year with the ongoing economic uncertainty expected to have a continued detrimental impact.
Stuart Gillies, an associate at CMS, wrote for The Scotsman, on how the burgeoning Fintech industry is set to plunge the corporate world into a tech-driven revolution. Fintech, the use of technology in the delivery of financial services, is thriving. Companies and products such as Monzo and App
Anderson Anderson & Brown LLP (AAB) has announced that its dedicated Business Advisory team has secured £1 million of new business wins during 2019 so far. A flurry of new business wins by the team has resulted in this rise in fee income from last year and means it is on target to achieve
Leigh Grubb is to join Caledonia Housing Association as its new director of finance and governance. A qualified chartered accountant and former chief operating officer, Leigh has over 20 years’ experience within the financial services industry, including a number of senior manag
Profits in Scotland’s legal sector have fallen by over a quarter in the last ten years, according to Scottish accountancy firm French Duncan. Accountants and business advisers French Duncan compared the most recent Law Society of Scotland Financial Benchmarking report for 2018 and compare
Finance workers at the former Dundee offices of Alliance Trust Savings (ATS) are facing an uncertain future in the wake of its acquisition by Interactive Investor (ii). Senior ii management have set out plans to integrate former ATS customers into the Manchester-based business, which acquired ATS la
Results from Scottish law firm Gillespie Macandrew released today confirm the business has achieved a seventh consecutive year of growth for the year ended 28 February 2019. With an increase in revenue of 8.3 per cent to £13.0m, the firm’s year end cash position was also strengthene
Scottish Investment Operations (SIO) has welcomed J.P. Morgan as a new member. With over 650 employees based in Scotland, J.P. Morgan joins as SIO anticipates record revenues over the last year.
