Banking

Adam & Company, the specialist Scottish wealth manager, has expanded its leadership team with two new roles as it relaunches the highly regarded 40-year-old brand from new offices on Princes Street in Edinburgh. Tim Wishart has been appointed head of strategy and development. He joined the team

Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The UK government has further reduced its shareholding in Royal Bank of Scotland-owner NatWest Group.

Hampden & Co has made two executive appointments as the private bank continues to record growth in deposits and loans across the UK. Peter Craigie has joined as the bank’s new chief risk officer from Lloyds Banking Group, where he was chief risk officer for islands banking. In addition, Go

Santander UK has launched a £200 switcher cashback offer for both new and existing customers when they switch to a Santander Edge, 1|2|3 Current Account, or other eligible current accounts, through CASS.

Royal Bank of Scotland owner NatWest has announced a new cost of living support package for personal customers and community partners.

According to the latest Royal Bank of Scotland Report on Jobs survey, Scottish recruiters reported a decline in permanent placements during December.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank (TSB) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical

Lloyds Bank has appointed Jamie Kemp to the role of invoice finance area director for Scotland and the North East, as it strengthens its support for businesses across the region. Mr Kemp has over 11 years of experience in the finance sector, with experiencing spanning across retail, private and comm

Six-in-10 adults in Scotland are finding keeping up with repayment of bills and credit commitments (including interest payments) a financial burden, according to new datafrom TSB.

Barclays Eagle Labs and AccelerateHER have announced a new partnership aimed at bringing more women into entrepreneurship and levelling the playing field for female-founded businesses. The two organisations will work closely together to deliver the Barclays Eagle Labs Female Founder Accelerator Prog

The Financial Conduct Authority (FCA) has fined Metro Bank PLC £10 million for breaching the listing rules by publishing incorrect information to investors.

Despite high inflation, rising energy prices and a tighter labour market, 33% of firms in Scotland expect this Christmas trading period to be merry and bright compared to last year, according to the latest insight from the Lloyds Bank Business Barometer.

Clydesdale Bank owner Virgin Money has posted annual results showing a pre-tax profit of £595 million and announced a boost to staff wages. The pay hike was announced internally earlier this month and will see the majority of the bank's 7,500 staff receive between 9% and 11% extra in total ove

At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland. Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank