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Marcia Campbell Former Standard Life director Marcia Campbell is rumoured to be set to be announced as the new chair of Woodford Investment Management.

Bob Doris MSP A Glasgow SNP MSP has announced that he is to bring Royal Bank of Scotland’s plans to close three branches in the city to task before the Scottish Parliament at Holyrood.

A Russian lawyer is taking his ex-girlfriend to court in a bid to have her return the cash he spent on a couple's holiday in Crimea.

Rain Newton-Smith The first quarter of 2016 has seen optimism fall for the first time in over three years among financial services firms as a result of financial market instability and uncertainty of the global economic environment, according to the Confederation of British Industry (CBI) and PwC.

House sales in Scotland have seen a significant boost thanks to a new property tax, with first time buyers among the beneficiaries. The Land and Buildings Transaction Tax (LBTT), introduced earlier this year to help first time buyers get a foothold on the property ladder, has led to an 11 per cent b

Edinburgh-based Scottish Widows has secured a £630 million pensioner buy-in deal for the ICI Pension Fund. The transaction marks the largest ever external bulk annuity transaction to date for the life insurance arm of Lloyds Banking Group and covers more than 4,000 of the fund’s pensioner members

Standard Life moved its company pension fund heavily into bonds last year, recording the biggest switch of any FTSE-100 company. New research by JLT Employee Benefits shows the average bond allocation rose to 61 per cent in the year to 31 December 2015, which is equivalent to around £20bn.

ICAS has announced a new partnership with specialist financial services group Close Brothers Asset Finance. The new five-year partnership agreement builds on the current relationship the specialist financial services group has with ICAS.

New data from the Bank of America Merrill Lynch has shown that the world's investors are currently sitting on the biggest “mountain of cash” since November 2001 as they hold fast in the face of Brexit fears and uncertainties around US rates and the Chinese economy. The bank said that fund manage

UK home-owners borrowed £8.1bn for house purchase in April, down 40 per cent month-on-month and 4 per cent year-on-year, according to latest data from the Council of Mortgage lenders. They took out 47,300 loans, down 31 per cent on March and 5 per cent on April 2015, the CML said.

An employee at the Geneva offices of Mossack Fonseca, the law firm at the centre of the Panama Papers leak, has been arrested.

Foreign exchange provider Travelex has launched a new card and app combo for UK travellers allowing them to avoid overseas debit and credit card roaming fees and charges when spending abroad. The new ‘Supercard’, which can be used wherever MasterCard cards are accepted, aims to prevent a post-ho

Aberdeen Asset Management is merging two of its bond funds based in Dublin into its Luxembourg-based high yield fund and emerging market debt vehicles. The move will see Aberdeen’s £41.5m Aberdeen Select Global Sovereign Bond fund merged into the $1.5bn Global Select Emerging Markets Bond fund as

Standard Life Investments, has launched an American Equity Income OEIC to UK-based retail investors. The Edinburgh-based global investment manager said the fund expands its suite of geographical income solutions it offers which includes UK, European, Global Emerging Markets & Global offerings.

Lloyds has won a Supreme Court case brought by a group of its bondholders as their final appeal to overturn the bank’s forced repurchase of their bonds at face value. The victory could save Lloyds Banking Group up to £1bn.