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Edinburgh-based Multrees Investor Services has announced two senior leadership appointments, with Martyn Johnson becoming chief operating officer and Carole Lamond appointed chief culture and communications officer. Multrees provides bespoke custody, investment administration, and platform services

Law firms Perkins Coie and Ashurst, which has an office in Glasgow, are to merge to form Ashurst Perkins Coie. The new firm's footprint will span 52 offices in 23 countries, with flagship hubs in Seattle, London, Sydney and New York.

Wood Group shareholders have overwhelmingly approved the recommended £216 million cash acquisition of the firm by Sidara. A resolution to approve the Scheme of Arrangement passed with 89.07% in favour, bringing discussions over the future of the company, formerly led by Sir Ian Wood to a concl

From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.  

Cashflow is king and critical to the viability of an SME but small changes to policies and processes could make a major difference to financial performance, according to Azets. Nicola Campbell, partner and head of accountancy and business advisory services at Azets in Glasgow, has outlined five key

FRP Advisory has acquired Arc & Co Structured Finance Limited (Arc & Co) as it continues its national expansion. Headquartered in London, Arc & Co provides FCA-regulated financial advisory services to UK and international clients in the real estate sector. Since 2008, it has built a repu

A fortune teller has been arrested on suspicion of defrauding around £35 million from clients. The 53-year-old woman, who also presented herself as a feng shui master, allegedly preyed on clients by predicting that there was a "billionaire" in their future.

Senior executives from HSBC and Barclays have warned Westminster that UK banks are being put at a significant disadvantage by "onerous" capital rules, losing ground to Wall Street rivals and the fast-growing private credit sector. Speaking to the House of Lords financial services regulation committe

Crypto exchange Coinbase is launching a significant challenge to UK fintechs and traditional banks with a new high-interest savings account.

After nearly three decades in the world of corporate finance, banker Mark Hull has made a radical career change, trading his desk for the outdoors to launch the new Greensleeves Lawn Care franchise in South Glasgow. Originally from Belfast, Mr Hull initially trained as a chartered accountant and wen

The income threshold requiring a full audit for Scottish charities is set to double from £500,000 to £1 million, significantly reducing the administrative and financial burden on the sector. Secondary legislation has been laid in the Scottish Parliament which, if approved by MSPs, will t

HSBC UK has introduced a new maximum mortgage loan-to-income (LTI) ratio of 6.5 times annual income for its Premier customers.

Ahead of the COP30 climate summit later this month, global accountancy body ACCA has created a unique, unified approach to responsible investment, comprehensively integrating sustainability considerations into strategy. In the Understanding Responsible Investment report, ACCA (the Association of Cha

Hampden Bank has appointed two new senior executives to its leadership team reporting to CEO, Tracey Davidson. Greig Townsend joins as chief banking officer to lead the Bank’s growth strategy.

Edinburgh’s Smart Data Foundry has announced the launch of the Financial Data Service (FINDS) Fellowships, offering up to £300,000 to support pioneering research to address the UK’s most pressing economic, societal and health challenges. The fellowships aim to empower researchers a