Search: financial focus

Ross McEwan Royal Bank of Scotland has moved to play down reports that it is set slash a massive 15,000 jobs in its latest bid to cut costs and finally return to profit.

Neil Norman Accountancy firm Chiene + Tait has entered into a partnership that aims to make it easier to invest in Scottish SMEs.

Royal Bank of Scotland along with Barclays has been named among a group of banks hit with multi-million pound Libor rate-rigging fines by Switzerland’s financial competition regulator.

Stella Panu Glasgow-based private equity house Maven Capital Partners has today announced its exit from Regent Pacific Group, delivering a 9x return on funds invested.

Scott Webb (UKSE) and Robert Stevenson (SB&AS) UK Steel Enterprise (UKSE) has provided financial backing for a management buyout (MBO) of Wishaw-based asbestos removal firm, Specialist Building & Asbestos Services (SB & AS) Ltd.

Kevin McCloud and Bevis Watts managing director Triodos Bank UK Triodos Bank has created a dedicated £15 million lending pot for social housing providers to make energy efficient improvements to current housing stock to alleviate fuel poverty and develop green spaces.

James Leigh-Pemberton The spectre of a fine ranging between $5bn (£4bn) and $12bn imposed by American authorities on Royal Bank of Scotland is preventing the re-privatisation of the still 73 per cent state-owned, bailed-out bank, MPs have heard.

Staff at a Fife charity working with vulnerable children and their families are to see their work supoorted by a donation from the Edinburgh office of Aberdeen Asset Management’s Charitable Foundation.

Scottish Investment Bank, the investment arm of Scottish Enterprise, has invested £1.8 million in Glasgow-based Encompass Corporation as part of a £3.6m co-investment with the Sydney based Adcock Private Equity Group.

A new ICAS report produced in partnership with the Financial Reporting Council (FRC) has warned that steps need to be taken to ensure the skills needs of the auditor of the future will be met.

Chris Smith Grant Thornton has called for wide ranging reforms, including greater tax simplification, to boost growth in Scotland’s fragile property and construction sector.

Glasgow-based Clydesdale bank has announced the appointment of Timothy Wade and Fiona MacLeod as independent Non-Executive Directors.

A secret meeting that was supposed to end a legal dispute between Royal Bank of Scotland and investors who claim they were misled over the lender’s 2008 £12 billion rights issue has failed to yield an agreement.

The Perth-based venture capital fund manager and investor, Braveheart Investment Group, has declared a positive and profitable start to its financial year. At the company’s annual meeting in London, chairman Jeremy Delmar-Morgan told investors that Braveheart was on track to post a profit for the

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016.