Rob Allen Royal Bank of Scotland has today announced the appointment of a managing director of commercial banking for Williams & Glyn, the challenger bank being spun-out of the still 73 per cent state-owned Edinburgh lender, as a condition of its £45 billion government bailout at the height of
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RSM, which has offices in Aberdeen, Edinburgh, Glasgow, Grangemouth and Lerwick, has announced a six per cent increase in global fee income, moving the brand up one place to become the sixth largest global network of independent audit, tax and consulting firms. Fee income for RSM’s international n
Investors have welcomed the long-awaited public trading of Clydesdale Bank after bosses brushed off a brief delay over credit rating concerns. Shares in Clydesdale and Yorkshire Banking Group (CYBG) closed 5 per cent up to 192p last night after its debut on the London Stock Exchange yesterday mornin
An total of £160 billion has been collectively denied to savers as a result of historically low interest rates, according to latest estimates. Financial services firm Hargreaves Lansdown said the loss equates to £6,000 per household in the UK.
Gary Le Sueur Inspiring Scotland, the Scottish venture philanthropy firm, has appointed Gary Le Sueur of Scottish Equity Partners (SEP) to its board of directors.
The £1.6bn flotation of the Clydesdale Bank has begun after a 24 hour postponement. Shares are now being traded on the London Stock Exchange under the new name CYBG following its demerger from parent company National Australia Bank which bought the Glasgow-based lender in 1987.
Lloyds Banking Group is calling in £3bn of special bonds after their holders were ordered by a court to sell them after agreeing that the lender had made a mistake when issuing them. In December, the Court of Appeal ruled in Lloyds’ favour after the bank argued it had made an error in its contrac
James Will The Scottish Investment Trust (SIT) has appointed James Will as non-executive chairman of the company.
The number of Scots going bust during 2015 fell by nearly a quarter compared with 2014, according to analysis of the latest Accountant in Bankruptcy figures by Glasgow-based personal debt advisors Carrington Dean. one the UK's largest providers of the full range of personal debt solutions.
The number of Scottish firms undergoing business insolvency in the whole of 2015 was down 7.6 per cent during 2015 according to analysis of the latest figures by restructuring, recovery and insolvency boutique mlm Solutions. The latest Accountant in Bankruptcy (AiB) figures show that 828 Scottish fi
Still 73 per cent state-owned Royal Bank of Scotland has today announced write-downs of £3.6bn that will force the bank into a loss for 2015. The Edinburgh-based lender said the provisions were driven by a multi-billion pound payment to its pension scheme.
Scottish chartered accountant and business adviser Alexander Sloan is bringing in the New Year with major improvements to its sector-leading risk evaluation toolkit aimed exclusively at the credit union sector. It has launched a comprehensive update of its Credit Union Risk Evaluation software calle
More than £160 million of new funding will be targeted in 2016/17 on home ownership schemes to support 5000 households to buy their own home, the Scottish Government said today. More than £80m will go to the established Open Market Shared Equity Scheme (OMSE) helping up to 2,000 eligible first-tim
Actor Hugh Dennis, AAB Wealth's Andy Dines and Vikki Venerus with (far left) Citywire executive chairman, Lawrence Lever. Aberdeen-based independent financial planning firm AAB Wealth Chartered Financial Planners (AAB Wealth) has been awarded the '2016 Citywire, New Model Adviser of the Year Award -
Almost three quarters of Britons (74.5 per cent) say they experienced relationship problems after moving home with a significant other. The figure increased to almost nine out of 10 (87 per cent) for those moving in together for the first time, with more than one in 10 (11 per cent) of those saying
