John Glover

Nationwide Building Society is planning to resell its Core Capital Deferred shares with aggregate proceeds of up to £100m. Bank of America, Citi, Jefferies and UBS Investment Bank have been mandated as joint lead managers for the transaction. The resale represents around 778,000 shares based o

Former NatWest chairman and financial regulator Sir Howard Davies has launched a scathing attack on the UK's banking framework, claiming that post financial crisis ring-fencing was a "completely useless regulatory intervention" that has "emasculated UK investment banking." Speaking as ministers weig

JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign

Aberdeen Investments has announced the acquisition of six modern residential properties in central Tokyo in partnership with Weave Living. The asset manager teamed up with the Asia-Pacific rental accommodation provider to expand its Japanese real estate footprint betting on the country's digital nom

SSE has "expanded its global financing strategy" by entering the Australian bond market for the first time, selling (£520m) of Green "Kangaroo" Bonds. Australian-dollar Kangaroo Bonds are issued in Australian markets by overseas firms and today’s was in two tranches: A$600m 5-year green

Henderson Loggie has been appointed as the administrator of DJ Mackay & Partners after it fell into administration following financial difficulties. Shona Campbell, head of business recovery  and insolvency at Henderson Loggie was appointed on August 14, confirming the process of transferri

Edinburgh Airport chairman Sir John Elvidge called on the Scottish Government to "take action" to ensure the Scottish National Investment Bank (SNIB) becomes a "permanent feature" of the Scottish financial landscape" in a new report. Sir John urged for the government to collaborate with the UK gover

Baillie Gifford has highlighted a growing structural shift across global capital markets, noting that the world's most innovative technology companies are staying private for longer to capture the bulk of their value growth before listing. Lucie Majstrova, an investment specialist in Baillie Gifford

The Institute of Chartered Accountants of Scotland (ICAS) has called on advisers to help voluntarily sign up their clients to the UK Goverment's new Making Tax Digital (MTD) system to avoid issues caused by automatic enrolment. So far, more than 436,000 sole traders and landlords have successfully s

Quilter Investors has overhauled its flagship multi-asset Cirilium range after the majority of its active funds were red flagged because of underperformance over the last five years. In its latest Assessment of Value (AoV) report, all share classes across four of its five actively managed funds, Cir

Major banks, insurance companies and building societies have tightened up their inclusion policies to prevent transgender staff from using single-sex spaces to comply with the landmark Supreme Court ruling. Admiral, Coventry Building Society and Santander have now updated their HR procedures to ban

The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi

  Pepper Money has announced plans to launch its First Charge mortgage proposition in Scotland this September.

Aviva has beaten market expectations as its integration of Direct Line and general insurance division drove its operating profits for the first half of 2026 by 24%. Chief executive Dame Amanda Blanc's £3.7 billion bet on taking over motor insurer Direct Line has paid off, helped by the number

  Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.