2018




RBS still hopes to reach US settlement in 2018

Royal Bank of Scotland is still hoping to reach a multi-billion-dollar settlement this year with the US Justice Department over alleged mis-selling of toxic mortgage-backed securities….


Glasgow’s Beeks teams up with Winklevoss firm

Glasgow-based Beeks Financial Cloud Group, a cloud provider for institutional capital markets, announced its entry into the cryptocurrency market via a collaboration with New York-based…







Sturgeon to visit China as Scots exports boom

The Scottish government said First Minister Nicola Sturgeon will visit China next month “to promote the growing economic, cultural and educational links between Scotland and…



Dow Jones buys Glasgow-based Cerico

International law firm Pinsent Masons announced the sale of Cerico, its Glasgow-based online compliance solutions business, to business and financial information firm Dow Jones for…




























Craneware first-half revenue and profit rise

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said its revenue increased 16% to $31.1 million and profit before tax increased 16% to $8.7 million…




Aberdeen’s Ecosse Subsea bought for £50m

Houston, Texas-based Oceaneering International, Inc. said one of its subsidiaries acquired Aberdeen-based Ecosse Subsea Limited, the provider of offshore engineering, seabed preparation, route clearance and…










Devro revenue up 6.6% to £257m

Glasgow-based sausage skin and collagen products firm Devro plc said statutory revenue rose 6.6% to £256.9 million in 2017 and statutory profit before tax was £21.6 million, up from £6.2…





Standard Life Aberdeen in £3.2bn insurance sale

Standard Life Aberdeen on Friday confirmed the sale of its “capital-intensive” insurance business to Phoenix Group for a total consideration of £3.24 billion including £2.28 billion in cash and…





Macfarlane Group sales up 9% to £196m

Glasgow-based packaging firm Macfarlane Group said its sales rose 9% to £196 million and profit before tax jumped 19% to £9.3 million in 2017. Macfarlane is…









RBS small business scandal report published

The UK Government’s Treasury Select Committee on Tuesday published the final, unredacted skilled persons’ report into the treatment of small business customers by Royal Bank of Scotland’s…