News

Private equity firms Warburg Pincus and Clayton Dubliner & Rice (CD&R) are in advanced talks to buy Canaccord Wealth. The firms are discussing a joint takeover of Canaccord Genuity's British Wealth arm and have emerged as the leading bidder as part of an auction process launched by the group

Schroders and Nuveen have confirmed that all antitrust and regulatory conditions attached to the £9.9bn takeover have been waived or satisfied, clearing the way for the deal to complete by the end of September. In a statement, Nuveen has received regulatory approval to acquire Schroders, with

Baillie Gifford's Pacific Horizon Investment Trust  has exceeded the MSCI All Country Asia ex Japan Index benchmark with a share price total return of 63.3% for the year to July 31,2026. The trust which  manages assets of £955.56m reported a net asset value (NAV) per share total retu

Nigel Green has claimed that the UK could be “Truss’d” in a stark warning as gilt yields surge, drawing comparisons with the market turmoil that followed Liz Truss’s mini-budget in 2022. The chief executive of deVere Group, one of the world’s largest independent financi

Insurance broking and risk management firm Caledonia Dallas has hired Rhona Scott from NFU Mutual. Scott joins the firm following nearly 15 years at NFU Mutual's Elgin agency, where she held the position of office manager and developed extensive experience across administration, compliance, customer

Finance Innovation Now (FIN) has appointed Dr Ana Rojo-Echeburúa as Head of AI & Finance Transformation. The Edinburgh headquartered, AI, innovation and transformation business launched in 2025 by iMultiply hired Dr Rojo-Echeburúa following 18-months of growth.

The Association of Investment Companies (AIC) has called on shareholders to express their views on the future of Baillie Gifford US Growth Trust. Chief executive Richard Stone, pointed out that the trust returned 134% over the last years, and gave investors the opportunity to hold shares in listed a

Chancellor John Healey faces a £3.5bn borrowing overshoot in August ahead of his inaugural Budget. The government was expected to borrow around £14.8bn in August, according to the OBR, while the market consensus was around £15.6bn. Actual borrowing reached £18.3bn.

City bosses have called on ministers to simplify Britain's "byzantine" tax system, as it raised concerns over a potential tax grab on financial services. Fear is growing within the private sector that Chancellor John Healey is planning to use his inaugural Budget next month to launch another raid.

Almost half (47%) of Scottish adults who do not own their own home believe they will never be able to, according to a new report from specialist lender Pepper Money. The findings highlight the barriers facing aspiring homeowners in Scotland, particularly those who are self-employed, have variable in

Aberdeen Investments has appointed Caroline Hertrich as head of UK & EMEA  (Europe, Middle East and Africa) Exchange Traded Funds (ETF) strategy, to support the growth of the firm’s ETF franchise across the UK and EMEA. Hertrich joins from Bloomberg, where she served as Index Sales Le

J3 Advisory has appointed Evan Griffin as managing director of debt advisory, to strengthen its finance capabilities for developers and investors in Scotland. Griffin joins from Pluto Finance, where he was lending director. He brings more than 20 years’ experience in banking and property finan

First Minister John Swinney will deliver the keynote address at the largest-ever Scottish Financial Services Awards next month, as leaders from across Scotland’s financial and professional services industry gather for the event. The Scottish Financial Services Awards, sponsored by EY, will tak

Dains has launched its brand in Scotland at an event for clients and professional connections, formally presenting the group's Scottish business under a single name for the first time. Group chief executive Richard McNeilly praised the Glasgow team at the launch, saying it is the fastest growing bus

Uinsure has claimed to have launched the UK's first home insurance monitoring service, which allows customers to compare their current policy against live quotes. Customers will be able to compare their policy against Uinsure's panel of seven UK insurers several times a year, instead of just at rene