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Standard Life Aberdeen is facing a shareholder rebellion over plans to offer its incoming chief financial officer £750,000 in shares, according to reports. A remuneration report was opposed by 42.02 per cent of shareholders out of concerns about the remuneration package put together to attract

Nationwide Building Society has been awarded £50 million from Banking Competition Remedies to increase competition in small business banking. The Co-operative Bank and Investec Bank have also been awarded £15 million each to expand in the small business market.

Aberdein Considine has launched a free debt advice service as part of an ongoing programme of support for consumers. The firm currently works with a number of UK lenders in relation to different types of debt recovery and has developed a range of models to assist borrowers in managing debt, in

Cloud experts Renovite Technologies, whose European headquarters are in Dunfermline, has strengthened its position in the electronic payments market through the appointment of two senior product managers. The appointment of Anton Godfrey and David Lock adds over 60-years’ specialist payments e

Paisley-based fintech firm Beeks has announced the acquisition of Commercial Network Services (CNS), a VPS provider based in California. CNS supplies virtual servers for Forex, Stock, Commodities, Equities and Derivatives traders and brokers, with its own data centre space in London, New York and Lo

A survey of 11,000 people in 11 countries around the world by the Association of Chartered Certified Accountants (ACCA) has revealed their expectation that auditors should evolve to prevent company failures.

The number of interest-only mortgage products has almost doubled over the past six years, rising from 102 products in May 2013 to 193 products today. However, figures released by the Financial Conduct Authority (FCA) and the Bank of England show that approvals for interest-only mortgages have fallen

Graeme Hartop, chief executive at Edinburgh-based private bank Hampden & Co outlines the ways investors are currently looking at to minimise the impact of the new tax regime  

The Royal Bank of Scotland has announced the launch of a new online investment service that lets customers put in as little as £50. Customers will be able to invest either through a lump-sum, a monthly contribution or an ISA transfer, and can link their investments to a financial goal, tracing

After years of bank branch and cashpoint closures, Scottish trust in day-to-day banking services is lower than anywhere else in the UK, according to Which?’s annual Scottish Consumer Insight Report. The consumer champion’s in-depth analysis for 2018 unpicks the trends and financial outlo

Nucleus, the Edinburgh-based adviser built wrap platform, has revamped its advisory board as it continues its strategic engagement with the adviser community and looks to put advisers at the heart of its approach to corporate governance. Since the company was founded by seven advisory businesses in

Edinburgh's Capital Credit Union has reported a near 50 per cent increase in new members for the first half of this financial year, compared to 2017/18. Capital has also reported a sharp increase in lending in both personal loans and mortgages for the first two quarters of the year.

Aviva has announced that head of UK insurance Andy Briggs has stepped down from the role as well as as a director of its board. He will remain with the group until 23 October 2019 to support an orderly transition, with Angela Darlington, currently Aviva’s group chief risk officer, wi

The Institute of Chartered Accountants of Scotland (ICAS) has entered a strategic partnership with Edinburgh-headquartered team behind Amiqus ID to ensure that its members have a straightforward way to move paper-based compliance procedures online. Amiqus ID verification software is currently used b

Two Italian students are facing a joint fine of €27 million (£23m) after they were accused of letting a barbecue start a forest fire. According to local media reports, prosecutors say the two 22-year-olds, who dispute the case, lit a barbecue with a group of friends near the famous Lake C