News

The Financial Conduct Authority has today fined Deutsche Bank £163,076,224 for failing to maintain an adequate anti-money laundering (AML) control framework in connection with a Russian money laundering scam.

Andrew Laurie An Aberdeen-based accountant has emerged as the top-scoring student in a national Chartered Institute of Taxation exam.

Clydesdale Bank has today unveiled a brand new flagship “customer banking centre” in the centre of Edinburgh.

Tracey McDermott The former acting chief executive of the UK's financial watchdog, the Financial Conduct Authority (FCA) is to join Standard Chartered to build relationships with regulators and policy makers.

Mark Clacy-Jones Edinburgh-based global investment manager Standard Life Investments has added to its global real estate research and strategy team with the appointment of Mark Clacy-Jones as fund strategist.

Alliance Trust’s activist investor Elliott has accepted the Dundee-based firm’s offer to buy it out of its 19 per cent stake in a £620 million deal.

Jason Hogg Residential development in Scotland is set for five years of growth with demand for homes continuing to outpace supply, according to new research from property consultancy, JLL.

BGF investor Mike Sibson (left) with chairman Graeme Coutts and chief executive Stuart Ferguson The Business Growth Fund has invested £10 million in Aberdeenshire-based Frontrow Energy Technology Group to support the company’s growth plans, alongside a £3 million investment from the Group’s fo

Citibase, Aberdeen Having recently just opened its doors, a new fully serviced business centre in the heart of Aberdeen’s West End is holding an open day this Friday to unveil its brand-new space.

Ken Patullo Businesses in Scotland saw a very mixed final quarter of 2016, according to data released today by business rescue and recovery specialist Begbies Traynor, with some sectors seeing improvements whilst other industries were battered by the uncertainty in the economy.

Scots will wait an average 2.4 extra days for their January income, after being paid early last month – the longest January ‘payday gap’ in Britain.

Aberdeen Asset Management has successfully closed on £120 million for its latest Asia Pacific property investment fund.

A bookkeeper at a Glasgow construction firm has admitted to embezzling more than £370,000 and causing some colleagues to be made redundant as a result.

As with the Scottish housing market as a whole, the number of properties being sold in west central Scotland has decreased, partly as a result of a shortage of properties available for sale.

Philip Hammond UK Chancellor Philip Hammond has described the state’s 70 per cent stake in bailed-out Royal Bank of Scotland as a “long-term asset”, dashing any hopes of a sell-off in the near future.