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Finance & Law

Bank fund-raising

Hampden raises £7m on path to profitability

Graeme Hartop
Graeme Hartop: continued growth Hampden & Co, the Edinburgh-based private bank, has secured £7 million in additional capital from its four cornerstone investors.  The funding will support balance sheet growth,Read More

Asset deal

M&G buys wrap platform Ascentric from Royal London

John Foley
John Foley: ‘deal strengthens our position’ (pic: Terry Murden) M&G has acquired digital wrap and wealth management platform Ascentric from Royal London. The acquisition will bring £14 billion of assetsRead More

Tuesday update

DB Live: Stobart audit probe; Lawrie IP; Sunamp; Rautomead

Eddie Stobart
4.45pm: London close The FTSE 100 pulled back from its earlier three-digit rise but stayed in the black all day, fuelled by return to work measures, to close up 74.48Read More

New legal team

All female panel offers online dispute option

Rachael Bicknell
Rachael Bicknell: ‘access to justice has been problematic’ Six dispute resolution specialists have teamed up to offer what they say is a first-of-its-kind fully online service. It is aimed atRead More

Privacy warning

Homeworkers may see employers breach GDPR

homeworking flickr
20 million are working from home One in ten homeworkers believed that the expected working practices imposed by their employer do not comply with privacy legislation. The General data protection RegulationRead More

AGM rebellion

Lloyds Bank CEO suffers investor wrath over pay

Antonio Horta-Osorio Youtube
Antonio Horta-Osorio faced a backlash from shareholders Rebellion against fat cat pay came back to haunt the banks today after more than a third of voting shareholders in Lloyds BankRead More

New network

Scots accountants sign up for launch of payroll body

Neil Cameron
Neil Cameron: one of three Scots leading the new group Three Scotland-based accountants are involved in a new UK-wide membership organisation, aimed at raising the profile of the payroll profession. Read More

Move to cashless society

Zumo’s app eases use of cryptocurrencies

Zumo team
Mission: the Zumo team based in Leith Zumo, an Edinburgh-based mobile wallet and payments start-up backed by Coldplay bassist Guy Berryman, has launched an app that stores, sends and allows consumers toRead More

Thursday update

DB Live: easyJet restarts; Aviva Covid claims; Man Utd loss

Edinburgh airport Easyjet
10pm: Wall Street Wall Street ended lower on Thursday, following recent two-month highs, as a fresh wave of China-U.S. tensions raised doubts about the trade deal reached earlier this yearRead More

Finance

Ex-Metro banker joins payday loan disruptor Karma

UK banker Darren Schindler has been appointed chief operating officer of Karma, the fintech company seeking to disrupt the payday loan market. Mr Schindler (pictured), 52, joins after successful ScottishRead More