Ewen Stevenson Ewen Stevenson, chief financial officer of Royal Bank of Scotland, has said that it is "inevitable" the still 73 per cent state-owned lender will slash more jobs in the coming years.
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The Financial Conduct Authority (FCA) is working with major firms to test Artificial Intelligence (AI) in a safe place to better understand the potential benefits and risks.
The founders of Styled by Macs are gearing up for expansion and targeting customers across the UK following the success of their Linlithgow clothing boutique in its first 18 months.
Glasgow-headquartered investment and advisory firm N4 Partners has promoted Andrew Leslie and Ruaridh MacFarlane following its first acquisition for its new property arm, N4 Property. Mr Leslie joined the firm in 2020 and following his new promotion to director, will continue in his operational capa
The Advertising Standards Authority (ASA) has banned advertisements by two London-based companies, Whisky Investment Partners and London Cask Company, for producing misleading claims about potential returns on Scotch whisky cask investments.
Law firm DLA Piper Scotland has bolstered its senior ranks with promotions from its Edinburgh office, as it continues to grow across key market sectors. Sarah Letson, Finance, Projects and Restructuring and Linzi Penman, Intellectual Property and Technology have been promoted to partner.
Sandy Begbie, chief executive of Scottish Financial Enterprise, discusses the need to reform economic policies to support competitiveness, collaboration and encourage investment in order to deliver sustainable economic growth amid a challenging economic climate. “Wae worth thy power, thou curs
Wealth manager Brewin Dolphin has appointed David Barclay as its new head of office in Dundee. In an expansion of his responsibilities, Mr Barclay who is also head of the group’s Aberdeen office, has taken over the role from Ian MacDonald, who is stepping down after 20 years to focus on his ex
Accountancy and business advisory firm BDO LLP has announced the appointment of Chris Meyrick as a partner in Scotland. Mr Meyrick, who joins BDO from PwC, will focus on the financial services sector and audit, bringing over 20 years' experience supporting a wide range of businesses ranging from lar
Shamed Rogue Trader Nick Leeson, who crashed Barings Bank, is now offering to share his know-how with a free online interactive training course. Nick’s course, ‘The Truth’ is said to "enable him to give back some of his experience and dispel some of the many myths that surround the industry.â€
Despite industry growth driving assets under management to an expected $102 trillion by 2020 a new report from PwC, ‘Rethinking reward as asset management moves centre stage’, predicts that pay will not increase at the same rate and compensation for asset managers as a percentage of revenues wil
The Chancellors’ relaxation of lending policy should be treated with caution, according to DJ Alexander Ltd. The lettings and estate agency said that while many will welcome help for first time buyers and others this must be combined with more housebuilding, greater encouragement for the priva
Edinburgh's Smart Data Foundry (SDF), a University of Edinburgh subsidiary, has appointed Dougie Robb as its permanent chief executive officer. Previously interim CEO since May, Robb will spearhead the organisation's next growth phase, focusing on leveraging financial data to combat poverty and ineq
Cenkos Securities and finnCap have announced a 50-50 all-share merger worth £43 million, creating the UK's largest investment bank focused on smallcap growth companies. While Cenkos is the only institutional stockbroker with a full-service office in Scotland, finnCap has no physical presence n
Deputy First Minister John Swinney has urged MSPs to back the Scottish Government’s Budget for 2023-24, as it “delivers for the people of Scotland”. Speaking ahead of the Stage One Budget Bill debate, Mr Swinney said that in a difficult financial environment the Budget focused reso
