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A businessman is set to get a new trial on mortgage fraud charges because his lawyer fell asleep during the trial. Lawyer Stan Levenson was seen sleeping by the judge, witnesses and the jurors who convicted James Nassida last year. He blamed the nap on his drowsy cold medication, the New York Post

Martin Gilbert Aberdeen Asset Management (AAM) chief executive Martin Gilbert has reassured his employees, and those at Standard Life, that the merger of the two companies will not lead to “dramatic” job losses.

Corporate insurance broker Lockton is further expanding its risk advisory capabilities in Scotland with the appointment of three more corporate professionals.

Moira Kelly The Scottish Parliament should consider establishing a committee focused exclusively on scrutinising the country’s devolved tax powers, the body representing Scotland’s tax professionals has said.

Richard Bathgate Staff at an Arbroath-based oil and gas services firm have been saved from redundancy after Mountwest Petroleum Engineering Ltd (MPEL) was bought out of administration last week, administrators Johnston Carmichael have announced.

Peter Graham Henderson Loggie has further strengthened its forensic services team with the appointment of forensic accounting and investigations expert Peter Graham.

Brian Moore Highland Distillers Limited, a subsidiary of international premium spirits firm Edrington, has purchased of The Glenrothes Speyside Single Malt Scotch whisky from Berry Bros. & Rudd Limited, Britain’s oldest wine and spirits merchant.

Current economic trends such as house price inflation, tighter credit conditions and low real wage growth, mean that borrowing into older age is likely to move from niche to mainstream within the next decade.

Tom Faichnie Tom Faichnie is managing director of Hall Morrice Corporate Finance and in a career spanning over 20 years has built up a reputation as the ‘go to’ man for private equity houses looking to invest in oilfield services companies in Aberdeen. He’ll be at OTC in Houston, and he explai

Stuart Agnew Stuart Agnew, senior director in Investment at GVA, discusses investor confidence in commercial property in Scotland, which he says has been impressive so far this year despite ongoing political uncertainty.

Ross Stupart and Stephen Hay Audit, tax and consulting firm RSM has strengthened its tax practice in Scotland by appointing a new corporate tax partner, based in the Edinburgh office.

The owner of Kilmarnock-based Blackwood Plant Hire has sold the business to the company’s management team supported by Royal Bank of Scotland.

The owner of an American flower shop has been arrested for stealing flowers over the course of several months from graves at a nearby cemetery which she may then have sold through her business. Police installed CCTV cameras in the cemetery of First Reformed Church Cemetery in Pompton Plains, New Je

Douglas Noble Weatherbys Private Bank has continued its ambitious plan to grow its business in Scotland with the appointment of Douglas Noble as Senior Adviser.

Aberdeen Asset Management and Standard Life have set aside £35m in retention bonuses for star fund managers as the £11 billion merger of the two giants looms.