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Finance & Law

Change of name

RBS doubles profit and demotes brand in favour of NatWest

Fred Goodwin at Balmoral
The RBS name was removed from the bank’s London head office in 2017 Royal Bank of Scotland has doubled its bottom line profit and is to rename the parent companyRead More

Bank profits rise

Rose unveils ‘lean and green agenda’ at revitalised RBS

Alison Rose
Alison Rose: third year of profit (pic: Terry Murden) RBS’s new chief executive Alison Rose is expected to announce a third consecutive annual profit amid speculation that she will expand itsRead More

Expansion continues

FNZ acquires Dublin-based IPSI from Irish Life

Adrian Durham
Adrian Durham: capitalising on opportunities FNZ, the financial technology company, has acquired Dublin-based third-party administration solutions provider Irish Progressive Services International (IPSI) from Irish Life. The acquisition reinforces Edinburgh-based FNZ’sRead More

Plans for growth

IWP takes first step into Scotland with AGL deal

AGL joins IWP group Independent Wealth Planners UK has acquired Scottish firm AGL Wealth Management as the company’s first office north of the border. IWP, an investor in local IFA firms across theRead More

Fintech's Dundee boost

FNZ unveils plans for 200 jobs across Scotland

Adrian Durham
Adrian Durham: ‘Our commitment to Scotland is unwavering’ FNZ, the Scottish fintech unicorn, is adding 200 jobs in Edinburgh and at a recently-opened operations centre in Dundee over the nextRead More

Contract revelation

RBS chief executive Rose to be based solely in London

Alison Rose
Alison Rose at RBS Gogarburn (pic: Terry Murden) Royal Bank of Scotland’s chief executive Alison Rose will be based solely in London, providing further evidence of the shift in operationsRead More

Lloyds cutbacks

Fifteen more Bank of Scotland branches to close

Bank of Scotland
More Bank of Scotland branches to close (pic: Terry Murden) Lloyds Bank has announced a further 56 branch closures, including 15 branches of Bank of Scotland. The company said theRead More

Bank 'making progress'

Virgin Money beats own target for SME lending

Virgin Money flag 2
Flying the flag for SMEs Virgin Money has beaten its commitment to lend £6 billion to SMEs over three years, said David Duffy, chief executive. The rebranded CYBG is alsoRead More

Mark of excellence

European recognition for Scotland’s fintech cluster

Stephen Ingledew Fintech
Stephen Ingledew: ‘a symbolic flag we can fly’ (pic: Terry Murden) Scotland’s growing financial technology sector has become the first in the UK, and only the third in Europe, toRead More

RBS retail shake-up

Rose ‘plotting jobs axe’ at NatWest to save £120m

NatWest George St
The former RBS branch in George St re-emerging under the NatWest brand (pic: Terry Murden) Royal Bank of Scotland chief executive Alison Rose is planning to axe thousands of jobsRead More