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A billionaire American technology investor left a graduating class of students in Atlanta, Georgia, in sock on Sunday after announcing in his speech to them that he will pay off all of their student loans. Robert F Smith, one of America's most prominent black philanthropists, was giving an address a

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Lloyds Banking Group has unveiled plans to create a new tech hub in Edinburgh in a move it says will help transform the digital experience for Bank of Scotland, Lloyds Bank, Halifax and Scottish Widows customers. As part of a £3bn investment programme, the hub will boost Scotland’s tech

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Independent accountancy and business advisory firm Johnston Carmichael has further strengthened its Aberdeen office with a second senior strategic hire in three months. Erin Davis has joined the Corporate Tax team as a director, where she will bring 18 years’ experience to her n

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Glasgow-based private equity house Maven says it intends to begin developing rental housing and retirement villages. Having launched its property arm in 2011 with a focus on building hotels, student accommodation and commercial property, speaking to The Times newspaper Maven managing partner Bi

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There has been a 125 per cent increase in the use of post-nuptial agreements in the past year at one Scottish law firm. Alison McKee, partner and head of family law at Lindsays, told The Scotsman that the firm has seen a large increse in requests for post-nuptial agreements in the past yea

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FinTech startup Wagestream, which lets employees access their wages early, has closed a £15 million series A funding round, co-led by venture capital investors Balderton Capital and Northzone. In addition, the venture snagged a credit facility of up to £25 from Shawbrook Bank.

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The Edinburgh Tax Network, in conjunction with Terra Firma Chambers, will present a seminar entitled “Practical aspects of Employee Share Incentives for Private Companies?” on Thursday 27th June 2019 at the Mackenzie Building, Old Assembly Close, Edinburgh. The speaker will be

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Belgium's former king will be fined €5,000 a day until he agrees to take part in a court-ordered paternity test. King Albert II, who abdicated in 2013, was ordered last year to submit to a DNA test after a woman claiming to be his daughter took out court proceedings.

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Close Brothers Asset Management (CBAM) has strengthened its senior high-net worth (HNW) investment team in Scotland with the appointment of Christopher Godfrey-Faussett to the role of managing director. Based in Edinburgh, the firm said Mr Godfrey-Faussett "will enhance the HNW investment

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Baillie Gifford’s £8 billion Scottish Mortgage Investment Trust achieved a total return on net asset value of 14.6 per cent for the year to March 31. This was ahead of a 10.7 per cent total return on its benchmark, the FTSE All-world Index in sterling terms.

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