Banking

1-15 of 303 Articles
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Unity Trust Bank, which supports organisations to deliver positive social impact, has been named by The Sunday Times in its annual Best Places to Work Awards. The list recognises and celebrates the UK’s best employers, based on feedback from employees and an independent assessment of six key a

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TSB has announced a further 10 branch closures across Scotland, as part of a larger operational overhaul comprising 36 bank branches closures and 250 job cuts.

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Bank of Scotland-owner Lloyds Banking Group has reported a pre-tax profit of £1.6 billion for the first quarter of 2024, marking a 28% decrease from the same period last year when it reported £2.3bn in profits. This decline follows the banking giant's record-breaking annual pre-tax profi

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The Scottish National Investment Bank (SNIB) has committed a further £20 million to the mid-market rent strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The bank’s follow-on investment will support the development of up to 100 new homes

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Coventry Building Society has reached an agreement for a potential acquisition of The Co-operative Bank. The deal, valued at up to £780 million, follows exclusive talks between the two entities since mid-December. Pending definitive agreements, the acquisition is poised to reshape both institu

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Ahead of the UK's biggest lenders reporting first quarter results, research from KPMG UK has shown that while banking executives in Scotland are optimistic about overall business growth and profitability in the quarter, inflation, interest rates and cost pressures are the biggest challenges that co

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The Royal Bank of Scotland (RBS) has revealed plans to close a further 18 out of its 86 branches, including three in Edinburgh.

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Edinburgh-based private bank Hampden & Co has experienced a nearly 20% increase in new client numbers during the financial year 2023, reaching a record high of 5,598. Client growth was driven by demand for personalised banking and bespoke lending following introductions from existing clients, pr

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Leith-headquartered Castle Community Bank has reported a year of strong growth for 2023 at its AGM, with total membership figures up to over 46,000 in September. Chief executive Adrian Sargent said: “I’m proud of our team, and the growth that we have achieved this year.

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Unity Trust Bank, which supports organisations delivering positive social impact across the UK, has reported record lending of over £1 billion in its 2023 annual results. This marks the first time the 40-year-old bank has exceeded this milestone, with nearly half (48.2%) of its financing in Sc

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Pete Wishart, MP for Perth and North Perthshire, visited the Nationwide Building Society branch in Perth this week to celebrate 60 years on the high street. During the visit, Mr Wishart met the branch team and the branch manager Anthony Nicholson to discuss the importance of face-to-face financial s

1-15 of 303 Articles
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