Search: financial focus

Scottish Investment Operations (SIO) has appointed Denise Thomas as its new chair, replacing Pauline Burns who has held the position since 2017. Ms Thomas is commercial & client operations director at Standard Life Aberdeen (SLA) where she is responsible for client operations, the oversight

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a new strategic fintech partnership with Glasgow-based Redspire, to support the development of its digital proposition for the new Virgin Money Business current account.

The Sainsbury's Group has said it has received "preliminary expressions of interest" from rivals interested in acquiring the Edinburgh-based Sainsbury's Bank. The bank was established as a joint venture between Sainsbury's and Bank of Scotland in 1997 but has been wholly-owned by Sainsbury's since 2

Small businesses in the UK are facing huge uncertainty over the future of their finances as further coronavirus restrictions are imposed, according to the Association of Chartered Certified Accountants (ACCA UK) and The Corporate Finance Network (The CFN) SME Recovery Tracker. The tracker found that

Royal Bank of Scotland and Heriot-Watt University have announced a new scholarship targeted towards black and minority ethnic finance students. Along with supporting BAME students to overcome financial barriers, the scholarship supports the Bank and the University’s commitment to addressi

Edinburgh-based corporate finance firm Quest Corporate has launched a debt advisory unit to be headed up by recent hire Kevin Boyd. The unit has launched as many businesses across Scotland and the rest of the UK face increasing debt pressure over the coming months and into 2021.

The use of technology and the adoption of digital innovation within Scottish businesses has accelerated at an extraordinary level in response to the COVID-19 pandemic, according to a new report by Addleshaw Goddard in partnership with the University of Strathclyde’s Fraser of Allander Institut

The High Court in London has handed down judgment in a test case concerning how business interruption insurance policies should be interpreted during COVID-19. The court found in favour of the arguments advanced for policyholders by the Financial Conduct Authority on the majority of the key issues.

A total of £700,000 is being made available to help Scotland’s Business Improvement Districts (BIDs) support their communities in their recovery from the coronavirus crisis. The Scottish Government has released the funding to support them over the next six months through a second round o

FinTech Scotland has today confirmed the programme for the third Scotland Fintech Festival which will take place virtually.  The September festival will see a diverse range of fifty-plus events throughout the month sharing fintech developments in Scotland and from around the world.

Aberdeen Standard Investments (ASI) has launched a new Asian Sustainable Development Equity Fund. Aligned with the United Nations’ Sustainable Development Goals (UN SDGs), the fund will invest in quality Asian companies that aim to deliver an attractive return while making a positive contribut

NatWest Group is to get rid of several top bankers as part of a dramatic overhaul of its investment bank, Natwest Markets as chief executive Alison Rose attempts to cut ties with the bank's past. The bank formerly known as Royal Bank of Scotland, majoratively-owned by taxpayers, is expected to tell

Edinburgh-based private security firm GTS Solutions has appointed finance specialist Stephen Paterson to its board. Mr Paterson takes up the position as a non-executive director and brings a wealth of experience to the role.

Chartered accountants and business advisory firm Anderson Anderson & Brown (AAB) has appointed Ian Marshall as director. As well as having worked with a diverse range of tech businesses, right through from start-ups to high-growth and turnaround, Mr Marshall also has significant experience

The Financial Times has reported that EY partners have been briefed on the upcoming legal action filed against them concerning its audit of German payments company Wirecard. More than 1,000 Wirecard shareholders have joined the legal proceedings seeking up to £910 mill