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TSB's statutory pre-tax profits fell more than 10 per cent last year, largely due to a delay in launching its own IT system. The bank, which was spun off from Lloyds Banking Group in 2013, saw profits fall £19.3 million (10.6 per cent) to £162.7 million last year.

Chris Richardson Ambassador LB Holdings LLP, a joint venture between Glasgow-based property investor Ambassador Group and specialist investment manager ICG-Longbow, has just completed the acquisition of its 5th investment, taking total capital committed by the JV to the Scottish commercial property

Forbes Macpherson The Herald has published a full obituary of Forbes Macpherson, accountant and former TSB chairman from 1984-1994.

Ken Barclay Social Investment Scotland (SIS) has named Ken Barclay as its vice chair to support and ultimately succeed current chairman Nick Kuennsberg OBE.

Ron Robson SME lender Ultimate Finance, with offices in Glasgow and Edinburgh, has seen lending grow 47 per cent last year to a record high.

A man has successfully overturned a fine for parking on a pavement after explaining he urgently needed to go to the toilet.

Royal Bank of Scotland has denied claims that it trained staff in how to forge customers' signatures, The Times reports. Bank Confidential, a new organisation which aims to root out unacceptable practices in the big banks, said it had become aware of allegedly fraudulent practices in the bank from w

Lloyds Banking Group has introduced a ban on buying Bitcoin with credit cards, affecting customers of Bank of Scotland, Lloyds Bank, Halifax and MBNA. The move has reportedly been sparked by fears that the continued fall in the price of Bitcoin could leave customers in serious and unsustainable debt

The FTSE 100 reached a new two-month low as markets opened today, mirroring decline across Europe, Asia and the US. The share index is down by 1.3 per cent, the lowest it has been since 8 December 2017.

Paul Pester The chief executive of TSB has welcomed the £775 million set aside by RBS for so-called 'challenger banks' as a "once in a generation opportunity to break the shackles" of the big banks, The Herald reports.

Lloyds Banking Group, which includes Halifax, Bank of Scotland, and MBNA is cutting around 1,000 jobs across its total of six brands and creating 465 new roles, according to reports.

Peter Szabo A survey of leading European banks has shown that despite on-going uncertainty surrounding Britain’s exit from the EU they are still positive about lending on hotel projects in Britain, ranking the UK as their most preferred hotel lending market along with Germany and the Netherlands.

Robert Burns To mark Scottish Family Business Day, Robert Burns, partner at Scottish law firm Burness Paull, takes a look at how a business can be structured to suit your family’s needs.

Carol Flockhart Edinburgh-based accountancy firm, Chiene + Tait has been announced as lead sponsor of the 2018 Ambition & Growth Conference, an event aimed at supporting female entrepreneurs and investors in Scotland.

Ross McEwan Following his chastening experience before a parliamentary committee last week over the conduct of the bank's Global Restructuring Group, Royal Bank of Scotland chief executive Ross McEwan is attempting to avoid a repeat appearance after entering into talks with MPs aimed at securing a s