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The Financial Conduct Authority (FCA) has fined Kristo Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule. 

Aberdeenshire-based energy solutions business OEG Energy Group has appointed Tom Murray CA as its new chief financial officer (CFO) with immediate effect. Mr Murray replaces Doug Fleming who has stepped down for personal reasons.

Brown Shipley, a member of Quintet Private Bank, has appointed Robbie Hewitt as Edinburgh-based wealth planner. Mr Hewitt is a Qualified Financial Planner with more than a decade of financial services experience, and will report to Gordon Scott, head of private bank – North.

Scotland’s two largest cities have both improved their position in the latest Z/Yen Global Green Finance Index, underlining Scotland’s global reputation and potential in green finance. Edinburgh climbed five places to 19th, while Glasgow jumped eight places to 36th London also retained i

Volkswagen Finance has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly. The firm has agreed to pay over £21.5 million in redress to around 110,000 customers who may have suffered harm because of its failing

The Scottish Women's Premier League (SWPL) has reported record financial results for its second year, with payments to clubs totalling £389,000, a 17% rise on the previous year.

Forvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei

Dundee-headquartered Thorntons Wealth Management, with offices in Aberdeen and Edinburgh, has acquired Edinburgh-based financial planning firm Robson Macintosh. The deal completed on 27 September and brings the combined assets under administration and management for Thorntons Wealth Management and T

Food ingredients firm Macphie Ltd has appointed Angela Willows as chief financial officer (CFO). Ms Willows, who previously held global leadership roles at Nestlé in Switzerland and Canada, brings more than two decades of experience in finance and business strategy.

The Scottish Government's accounts for the 2023-24 financial year have received an unqualified audit opinion, signifying that they are accurate and comply with accounting standards. The accounts record total spend of £53,980 million. An underspend of £277m – around 0.5% of the over

Andrew Tweedie has been appointed to the newly created role of chief financial officer (CFO) at Bancon Group, as the Aberdeenshire-based business reshapes its leadership team with several appointments. As part of the new leadership structure, Bob McAlpine has also been appointed executive chairman,

Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con

Johnston Carmichael’s Wealth team has placed first in the FTAdviser’s annual ranking of the Top 100 financial advisers for the third year running. The industry recognition follows Johnston Carmichael’s Wealth team’s ongoing adoption of innovative processes for clients, and in

Scotland's colleges face mounting financial pressure, with a 17% real-terms funding cut since 2021/22 and a further £32.7 million reduction this fiscal year, Audit Scotland has revealed. The public auditing body's report shows cash balances held by colleges are also forecast to fall. Under the

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland. For the event Grant Thornton UK LLP has again teamed up with fellow founding sponsors Addleshaw Goddard, FWB and Barclays Corporate Banking.