Search: financial focus

Reports have surfaced over the weekend that claim the UK government is planning a second sale of shares in Royal Bank of Scotland to be carried out by the end of this year. According to the Mail on Sunday, sources in the government have said a 10 per cent placing could be made as early as December,

The Greater Manchester Loan Fund, which is managed by Scottish firm Maven Capital Partners, has today announced a £500,000 investment in Rekoop Limited, a specialist provider of time capture software used by law firms in over 40 countries. Established in 2010, Rekoop provides cloud-based software s

Scottish Equity Partners (SEP) has completed investments totalling £99 million during the first half of 2015. Funds under management at the firm, which has 40 partners and employees across its Glasgow, Edinburgh and London offices, now exceed $1 billion with further growth expected through to 2016.

Scottish solicitors and members of the public are being warned to be on the alert for fraudulent law firms by the Law Society of Scotland after a law firm in Glasgow was targeted in an identity fraud scam. Qualified solicitors are increasingly being targeted by fraudsters using their details on fake

Charles Barnett Scottish football has finally got its finances in order according to the latest football survey by accountants and business advisers BDO.

Aberdeen Asset Management has bought US fund investor Arden Asset Management, a provider of hedge fund solutions with offices in New York and London. The deal, for an undisclosed sum, will boost Aberdeen’s hedge fund unit's assets from $2 billion to $11 billion and is in line with Aberdeen’s str

Edinburgh-based Standard Life Investments has reported that assets under management have hit £250 billion from £245.9 billion at the end of 2014 on the back of its recent acquisition of Ignis. Flows into SLI’s multi-asset products were also up during the first half of the year as the firm delive

Still 80 per cent Government-owned Royal Bank of Scotland has reported a half-year loss of £153 million. The Edinburgh-based lender cited continuing legal impairments and customer compensation payouts as well as the cost of a drastic restructuring strategy for the figures to the end of June.

Perth-based energy giant SSE looks to remain defiant on maintaining its current price levels despite haemorrhaging 90,000 customer accounts over the last three months. Shares fell 4 per cent as the group also said that annual profits from its energy supply arm were likely to fall.

The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe

Barclays' outgoing chief executive, Antony Jenkins Barclays, which employs around 3,000 people in Scotland, may be planning to cut more British jobs, according to a newspaper report.

Gillian Henderson The Bank of Scotland has appointed Gillian Henderson as the lead director of commercial banking in Scotland.

Sir Howard Davies Taxpayer-backed Royal Bank of Scotland (RBS) has announced the appointment of soon-to-be chairman Sir Howard Davies as non-executive director.

The annual house price appreciation in Glasgow and west of Scotland has remained positive for six consecutive quarters, the longest growth stretch since 2008, according to the most recent quarterly report from the Glasgow Solicitors Property Centre. According to data based on GSPC sales, annual hous

George Osborne Yesterday’s Summer Budget announcement was a mixed bag for bankers after Chancellor George Osborne announced that the government will “gradually” reduce the bank levy over the next six years, only to go to say that an 8 per cent bank surcharge on profits is to be introduced from