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Royal Bank of Scotland has announced that Ross McEwan has resigned from his role as chief executive officer (CEO) and executive director at the still 62 per cent state-owned lender. The bank said Mr McEwan, who has been in the position for five years, has a 12 month notice period and will remain in

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Aberdeen-based accountants Anderson Anderson Brown (AAB) have this week announced that three of its team have been made directors at the firm. AAB said the career progressions for Stuart Petrie, Jill Walker and Lynn Wilson were “richly deserved”.

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Willis Towers Watson (WTW), the multi-manager firm appointed two years ago by Dundee-based Alliance Trust’s to control its investments has said the move has meant that from April 2017 to the end of March this year the equity portfolio return before fees was 15.1 per cent against the MSCI All C

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Edinburgh-based wealth manger Brooks Macdonald has reported an 8 per cent increase in funds under management for the first quarter of the year. Latest figures show that as at 31 March 2019, the firm’s discretionary manager’s funds now stand at £12.8bn - an increase of 7.9

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Edinburgh-based Baillie Gifford is poised to transfer its investment trust savings scheme to fellow wealth manager Hargreaves Lansdown. Baillie Gifford said the long-term interests of the plan holders will be “best serviced” by the transfer of investments to the direct-to-consumer p

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Britain’s banks are to get help from the country’s top spies to fight credit-card fraud, the director of GCHQ has announced. Industry body UK Finance’s most recent data shows that fraud losses of UK-issued cards totalled £566 million in 2017.

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Entrepreneurial Scotland’s annual summit is taking place today at the Gleneagles Hotel with organisers expecting the event to be an inspiring occasion. The business membership network has assembled a world-class line up of international entrepreneurs to share their knowledge, experience and in

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The overall number of Scots facing insolvency in the first quarter of 2019 rose 29.2 per cent compared to the first quarter in 2018, according the latest Accountant in Bankruptcy figures released today. The AiB figures reveal that personal insolvencies rose from the 2,533 recorded in the first three

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Accountancy firm Saffery Champness has appointed a new VAT senior manager on the same day Sean McGinness is promoted to VAT partner. As of today's announcements, Saffery Champness now has 13 partners across its Scottish offices.

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Jim Tomaney, chief operating officer at Dunfermline-based Renovite Technologies has issued a stern rebuke to the UK’s biggest banks for what he says has been their failure to invest in new ATM technology in order to mitigate the effects of their wide-ranging branch culls. Mr Tomaney, said many

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