The board of Nucleus Financial Group has announced that it has reached agreement on the terms of an offer by James Hay Holdings Limited for Nucleus for a total consideration valuing Nucleus at c. £144.6 million. The transaction will bring together the respective expertise of Nucleus and James
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The Financial Reporting Council (FRC) has reported a record £46.5 million in financial sanctions issued in the last year. The FRC published its fourth Annual Enforcement Review which reports a record number of cases resolved in the last year and record financial sanctions of £46.5m were
SFE Chief Executive Graeme Jones with CBS Consulting team Iain Beggs, Stephen Verrecchia and Eddie Curran Edinburgh-based firm CBS Consulting has joined Scottish Financial Enterprise to expand their network and support the representative body’s work in strengthening and promoting financial service
PwC has named Fraser Wilson as head of financial services in Scotland, as the firm continues to build its presence in an industry worth £13 billion to the Scottish economy. A Glasgow-based partner, Mr Wilson replaces Allan McGrath, who has led the financial services practice over the last two
Midlothian Council has been rated highly for its financial management and governance and transparency by external auditors EY.
International ratings agency S&P Global Ratings has announced an upgraded outlook on Glasgow-based Wheatley Group’s credit rating. The agency revised its forecast for the housing, care and property management group to “stable” from “negative”, wh
Kent Mackenzie Deloitte has invited top data scientists and fintech entrepreneurs from around the country to compete in its 2018 Datathon.
Scottish Opera and the Royal College of Physicians and Surgeons of Glasgow, two Glasgow institutions with a combined workforce exceeding 350, have forged a strategic partnership with Glasgow Credit Union. This alliance, targeted at bolstering the financial wellbeing of their staff, is in response to
Wealth manager Brewin Dolphin has commissioned a report which examines the financial habits of Scotland in order to understand more about people’s attitudes to their money, their knowledge and competence with it, and how they are intending to use it to support their futures.
The Financial Conduct Authority (FCA) has fined Barclays Bank £26 million for failures in relation to their treatment of consumer credit customers who fell into arrears or experienced financial difficulties. Between April 2014 and December 2018 some retail and small business customers who had
Urgent action is needed to address a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Treasury.
Scotland’s Fintech Festival will welcome guests from around the world with its focus on "new financial innovation and inclusive collaboration opportunities" when it takes place over three weeks in September (between the 9th and the 27th) celebrating the nation’s thriving fintech co
Figures from some of the world’s biggest financial, tech, and energy organisations will gather in Scotland this summer for a major festival on the future of finance.
Wayne Baber Aberdeen-based independent financial advisers, Central Investment, has expanded its team of financial experts.
Edinburgh-based fintech Aveni has secured seed investment of £520,000 for its ground-breaking video conferencing-based AI technology, which will transform client interaction in financial and professional advice sectors in the new age of ‘digital client service’. The investment, led
