Chartered accountants Wylie & Bisset has promoted Claire Dalrymple from senior audit manager to director of corporate services. The promotion follows Ms Dalrymple’s Audit Qualification ratified by ICAS, making her a Responsible Individual able to sign off audits alongside partners Scott Gi
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FinTech Scotland is developing a ten-year business-led research and innovation roadmap which will support the growth of Scotland’s digital economy and the development of fintech innovation across the UK. This implements one of the recommendations highlighted in the recent Kalifa FinTech Sector
Social enterprise Woodside Arran CIC has secured up to £30,000 from Highlands and Islands Enterprise (HIE) to help expand their activities by creating a fresh produce vending machine in Brodick. The social enterprise was formed in May 2017 by husband and wife team Andrew and Jennifer Macd
Scottish commercial property consultancy firm Ryden has made three senior promotions with Nick Armstrong, based in the investment team in Edinburgh, to become partner. Eddie Fiddes who works in Aberdeen property management, has also been promoted to the role of partner.
Dundee-based cloud computing company iomart is targeting £200 million in revenue within the next five years as it announced a trading update yesterday. During a virtual Capital Markets Day event, executives at the firm explained how the business would expand its solutions, service, skills and
Edinburgh-based bank Hampden & Co has reported strong growth in revenue, deposits and loans following what the UK private bank describes as “growing demand from clients for accessible, flexible banking expertise”. Total income for the year to 31st December 2020 increased 18% to &poun
The Royal Bank of Scotland has sold its wealth management arm Adam & Co to Canaccord Genuity Group for £54 million. Adam & Co’s Edinburgh-based investment management business has client assets amounting to £1.7 billion.
Wealth management firm Cornerstone Asset Management has been acquired by Waverton Investment Management Group for an undisclosed amount. Established in July 2010 and with offices in Edinburgh and Glasgow, Cornerstone offers wealth management and financial planning advice. With some 1000 clients, Cor
Betsy Williamson, managing director at Core-Asset Consulting, reveals why resilient fund managers have what it takes to weather the storm of COVID-19. Scottish fund managers have harnessed five years of painful experiences to weather the pandemic better than many other of the financial services sect
Virgin Money, the owner of Glasgow-based Clydesdale Bank, has added Fluidly to its growing list of FinTech partners as the bank continues to develop its new business banking offer for customers.
Edinburgh-headquartered technical advisory firm ITPEnergised has secured a six-figure funding deal from Barclays to support its growth aspirations. The firm enjoyed strong revenue growth in the financial year 2019-2020. It has continued to expand its operations and headcount in the current financial
The Scottish Government has published plans to increase the value of private investment flowing into Scotland and make the country a global centre of ethical finance. The Global Capital Investment Plan contains 30 measures to increase the availability of private capital to businesses and projects wh
Standard Life Aberdeen (SLA) has reported a drop in operating profits from £301 million in 2019 to £219m in 2020. SLA's full-year results revealed that fee-based revenue of £1.425 billion was also down from £1.634bn, however, the financial services firm blamed this on the imp
TranSwap, a Singapore fintech company, has officially launched a new global R&D centre at the University of Edinburgh. Located at Bayes Centre, the global R&D centre aims to drive technology and market-led innovation in cross-border financial solutions, enabling TranSwap to sustain and stren
Virgin Money, the owner of Glasgow-based Clydesdale Bank, is expanding its partnership with FinTech data expert company Life Moments, to focus on the development of the sustainability elements of the Virgin Money offer to its business banking customers. The agreement is the latest partnership f
