Scottish Friendly, Scotland’s largest financial mutual, has appointed Genevieve Humphreys as its new chief risk officer. With over 20 years’ experience working in the financial services industry, Ms Humphreys has joined the Scottish Friendly team.
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Buying a house as a couple shows a lot of commitment, both romantic and financial, and for some this can be daunting. Just ask the people of Cardiff, who, according to new research, wait the longest before buying property with their partner.
An innovative Fife-based business which manufactures and sells pioneering eco-friendly cleaning products is set for expansion after securing financial support from HSBC UK.
None of Scotland’s league football clubs are showing serious signals of financial distress, and average attendances are also on the rise, according to football finance experts who report annually on key indicators of business distress in the game.
The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be wary of investment scams carried out via bogus online trading platforms after releasing data which shows victims lost over £27 million in 2018/19 to the cons. The City regulator's warning comes as sca
The rise of financial technology has long come under fire for alienating the generation of baby boomers and and their parents who lack the tech savvy necessary to participate in what has been a revolution for the banking industry. But now, new research has revealed that one of the latest forms of fi
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. The penalty is the second largest financial penalty for AML controls failings ever imposed by the FCA.
A cocaine addicted financial controller has admitted embezzling hundreds of thousands of pounds for a second time to fund her lavish lifestyle. Kerryanne Clarke from Coatbridge pled guilty at Glasgow Sheriff Court to taking more than £250,000 from Bell Building Projects in Govan using company
The FBI has placed a Scottish businessman on its infamous "most wanted" list for allegedly defrauding customers and financial institutions in the US.
Perth-based energy giant SSE has agreed to sell a 16-megawatt onshore wind farm in Scotland to GE Financial Services, a unit of General Electric Co. Under the deal, GE will own and operate the 10-turbine project near Hawick when construction is finished in the first half, Perth, Scotland-based SSE s
Aviva has received approval from the Financial Conduct Authority (FCA) to provide targeted support to customers. The service, which will launch from summer 2026, is designed to help people make financial decisions through personalised guidance and recommendations, without requiring full financial ad
Beeks Financial Cloud, the Scotland-based markets technology enabler, has seen the value of new contracts signed this month hit $10 million. The Renfrewshire company has added a five-year software contract worth $3m with an existing analytics customer for the deployment of its intelligence software.
Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements. The UK Government is consulting on legislation un
The European Central Bank moved to restrict the operations of Revolut's European arm last year, citing concerns over how rapidly the fintech approved new financial products.
Regulated firms across the financial services sector face renewed scrutiny over misleading online content, as the Financial Conduct Authority (FCA) cracks down on two fronts – deceptive car finance claims adverts and inauthentic customer reviews.
