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Tag: Clydesdale Bank

CMA steps in

Clydesdale Bank rapped over loan scheme breach

Clydesdale Bank
Clydesdale: taking steps to become compliant Clydesdale Bank has been told to stop forcing customers to take out business current accounts in order to access Covid loans backed by the UK Government.Read More

Synergies lifted to £150m

Clydesdale Bank owner CYBG raises its savings target

David Duffy
David Duffy: good start to the year   CYBG, owner of Clydesdale Bank and Virgin Money, has raised its cost savings target from the merger to £150 million by theRead More

Backlash at CYBG AGM

Shareholders revolt over Clydesdale bonus plan for Duffy

David Duffy
David Duffy: bonuses would more than double his total remuneration package   Executive pay at Clydesdale and Yorkshire banks came under fire at parent company CYBG’s AGM where more thanRead More

Merged bank unveils first figures

CYBG falls to after-tax loss following £352m PPI hit

David Duffy
David Duffy: ‘disappointing’   Shares in Clydesdale Bank and Virgin Money owner CYBG slid 17% after it announced a loss after tax of £145 million as a result of legacyRead More

Bank pursued for compensation

Clydesdale loans campaigners hire adviser to fight case

Clydesdale Bank
A group of business owners are stepping up their legal action against CYBG with the appointment of a firm of advisers to pursue their claim. The long-running case revolves aroundRead More

Merger progressing as planned

CYBG on course to complete Virgin deal by year end

Clydesdale note 2
CYBG said its planned merger with Virgin Money is progressing as planned and it expects the deal to

Duffy becomes CEO, Gadhia is 'adviser'

1,500 jobs axed in Clydesdale-Virgin Money merger

David Duffy
Clydesdale Bank owner CYBG and Virgin Money admit 1,500 jobs are likely to be axed after they agreed the terms of a recommended all-share merger.

Richardson makes switch

CYBG plunders farming sector for lead role

CYBG, owner of Clydesdale and Yorkshire Banks, is strengthening its agriculture service...

Inspiring Women in Business

Davidson rules out becoming Prime Minister

Ruth Davidson: no designs on Number 10 (photo by Terry Murden)   Scottish Conservative party leader Ruth Davidson today ruled out becoming Prime Minister as she spoke about her careerRead More

Bank ready to expand SME offering

Clydesdale parent to build new Glasgow HQ

David Duffy
Clydesdale Bank has issued first half trading figures, including the latest on legacy costs