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The century- old Merrill Lynch brand is to disappear from the world of investment banking. Most of its operations will be run under the shorter name of Merrill after a decision by owner Bank of America.

TSB suffered a loss of £105.4 million before tax in 2018, down from a profit of £162.7 million the year before, as it faced the impact of disruption to its IT systems last year. The bank's financial performance was "heavily impacted by the IT migration and subsequent service disruption",

The management team at Glasgow-based VWM Wealth has announced that they have completed a management buyout led by senior staff members.

Business advisory and accountancy firm Johnston Carmichael has expanded its Edinburgh premises, after the firm signed up to an extra 1,400 sq ft of office space at 5 Melville Street. The deal takes its overall office footprint in the capital to close to 15,000 sq ft&nbs

Stuart Robb of Leonard Curtis Business Rescue & Recovery Limited has been appointed provisional liquidator of Walker MacLeod. The company, which operates from premises in Yoker, Glasgow, was incorporated in June 1981 and operates as a multi-disciplined engineering firm supplying metal fabricatio

L-R – Matthew Lowson, Jack Grigor, Barry Fraser, Kyle Evett, Moira Wilkie Grant Thornton has hired four new team members in the last month and relocated to larger office space as it continues its expansion in Aberdeen.

Partners at Grant Thornton saw their average distributable profit fall by eight per cent to £373,000 in the year ending June 2018, new figures reveal. Year-on-year revenues at the business and financial advisory firm fell by 1.8 per cent to £491 million, with post-tax profits of £7

Alasdair McKinnon, the lead fund manager of the Scottish Investment Trust accepted the Shares Award from the host Shappi Khorsandi The Scottish Investment Trust PLC (The Scottish) has announced today that it has been named ‘Best Investment Trust’ at the Shares Awards 2018.

Lloyds Banking Group has confirmed that it is cutting 6,240 jobs and creating 8,240 new ones as it overhauls its digital services.

Sue Dawe EY has increased revenue by 2.7 per cent in the UK and by 5 per cent in Scotland during a financial year ending 30 June that also saw total UK fee income rise from £2.35 billion to £2.41 billion with a five year compound annual growth rate of 7 per cent.

David Duffy CYBG, owners of Clydesdale Bank and Yorkshire Bank, have completed a £1.7 billion acquisition of Virgin Money, creating the sixth biggest bank in the UK.

Armstrong Watson CEO Paul Dickson (left) welcomes Jim Meakin to the firm Accountants, business and financial advisers Armstrong Watson LLP have announced the appointment of Jim Meakin to the role of tax partner and head of tax across the firm’s 15 offices.

Martin Gilbert Aberdeen Standard Investments has launched a new fund that utilises artificial intelligence, or "machine learning", to identify sources of potential returns.

Fiona McBain Former chief executive Scottish Friendly Fiona McBain has been appointed as a non-executive director of Direct Line Insurance Group.

A business accelerator for university and college students, staff and graduates has concluded at the Aberdeen ‘Centre for Entrepreneurship’ and has produced 14 business innovators that are ready to take their businesses to the next level.