Nationwide gets consent for £2.9bn Virgin Money buy
Mutually-owned Nationwide Building Society said regulators the FCA and the PRA have given their consent for its £2.9 billion cash acquisition of listed bank Virgin…
Mutually-owned Nationwide Building Society said regulators the FCA and the PRA have given their consent for its £2.9 billion cash acquisition of listed bank Virgin…
The UK’s Competition and Markets Authority (CMA) said it has cleared the anticipated £2.9 billion cash acquisition of listed bank Virgin Money UK plc by…
The UK’s Competition and Markets Authority (CMA) announced it is investigating the anticipated acquisition by mutually-owned Nationwide Building Society of listed bank Virgin Money UK plc….
About 89% of listed bank Virgin Money UK shareholders have voted in favour of a £2.9 billion cash takeover by mutually-owned Nationwide Building Society. The…
Virgin Money UK PLC announced it has changed auditor amid its proposed £2.9 billion cash takeover by mutually-owned Nationwide Building Society. Virgin Money said it recently…
Shares of Glasgow-headquartered Virgin Money UK plc fell as much as 7% on Thursday after it said its profit before tax fell 42% to £345…
Virgin Money said it has launched a new investment service in partnership with Abrdn “comprising a new digital platform with a range of straightforward investment…
Glasgow-headquartered Virgin Money UK plc said its deposits grew 1.2% to £66.2 billion in its first quarter, with “strong growth in new term deposits at…
Shares of Virgin Money UK rose about 13% on Monday after it announced its annual results and extended its share buyback programme to repurchase up to…
Glasgow-based Virgin Money announced the appointment of Sarah Wilkinson as chief operating officer. Wilkinson will join Virgin Money from Thomson Reuters, where she is the…
Virgin Money UK plc announced a share buyback programme, with an initial repurchase of up to £75 million of its shares listed on the London…
Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, on Thursday posted a pre-tax profit for the six months ended March 31 of £315…
Virgin Money, the banking group formerly known as CYBG, said its unsecured lending grew 3% to £5.6 billion in the three months to December 31,…
Virgin Money announced the appointment of Susan Poot as Group Chief Risk Officer with effect from January 24, 2022. Poot will succeed current Group Chief…
Shares of Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, fell 8% on Thursday despite the bank reporting that it would return to full-year profit…
Glasgow-headquartered Virgin Money has announced plans to close another 31 branches, including 12 in Scotland, as it “accelerate its digital strategy, enabling greater efficiency.” When…
Virgin Money, the Glasgow-headquartered banking group formerly known as CYBG, said on Tuesday its customer lending rose 0.4% to £72.5 billion in its third quarter…
Glasgow-based Virgin Money UK — owner of Clydesdale and Yorkshire banks — said on Wednesday its customer deposits rose £964 million to £68.67 billion in the…
Shares of Virgin Money UK rose about 7% on Tuesday after it published a first quarter 2021 update saying trading in the three months to…
Shares of Virgin Money UK fell about 5% on Wednesday after it said its full-year underlying profit before tax fell 77% to £124 million “primarily due”…
Virgin Money UK said on Tuesday it has appointed Clifford Abrahams as its chief financial officer (CFO). It is expected Abrahams will join Virgin Money…
Virgin Money UK said on Monday it appointed Enda Johnson as its interim group chief financial oficer (CFO) with effect from October 15, 2020. “The…
Glasgow-based Virgin Money UK plc said on Tuesday that its customers’ deposits increased 4.8% to £67.7 billion in its third quarter “primarily due to lower…
Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, said on Wednesday its first-half underlying profit fell 58% amid an impairment charge of £232…
Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, on Monday announced board changes with insider David Bennett succeeding Jim Pettigrew as chairman and…
Virgin Money UK plc revealed on Wednesday that it will cut 500 jobs in the next stage of its integration programme to bring together the…
Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, said on Thursday that Ian Smith is resigning as group chief financial officer (CFO) “to…
Shares of Glasgow-based Virgin Money UK, owner of Clydesdale and Yorkshire banks, rose almost 5% on Tuesday after it issued a first quarter trading update…
Shares of Virgin Money UK, the owner of Clydesdale and Yorkshire banks, rose about 7% on Friday after it announced more details on its board…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
UPDATE 2 — Shares of Virgin Money UK, formerly called CYBG, soared about 20% on Thursday after the bank said it believed the worst of…
Shares of Glasgow-based banking group CYBG — owner of Clydesdale Bank and Yorkshire Bank — rose about 4% on Monday as it rebranded as Virgin…
Glasgow-based banking group CYBG — owner of Virgin Money, Clydesdale Bank, Yorkshire Bank and digital brand B — on Wednesday announced three new appointments to…
Shareholders of Clydesdale and Yorkshire Bank owner CYBG and shareholders of Virgin Money on Monday overwhelmingly approved the all-share deal for CYBG to take over its Newcastle-based…
Newcastle and Edinburgh-based Virgin Money, which is being bought by Clydesdale and Yorkshire Bank owner CYBG for around £1.7 billion, said on Thursday its underlying profit before…
UPDATE 5 — Clydesdale and Yorkshire Bank owner CYBG said on Monday it finally clinched an all-share deal to take over Newcastle-based rival Virgin Money in…
Clydesdale and Yorkshire Bank owner CYBG and Virgin Money confirmed on Monday morning that CYBG has made a revised proposal to acquire Virgin Money and…
UPDATE 2 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings (UK) Plc said on Monday it received a preliminary and conditional all-share takeover offer from CYBG…
Shares of Edinburgh and Newcastle-based Virgin Money rose about 6% after it said in a first-quarter trading update that it reaffirmed its 2018 guidance on performance and…
Shares of Edinburgh and Newcastle-based Virgin Money rose almost 6% after it said its underlying profit before tax increased 28% to £273.3 million in 2017 and total income…
Edinburgh and Newcastle-based Virgin Money has confirmed the appointment of former HSBC executive Irene Dorner as chair elect of the challenger bank. The appointment helps create the…
Edinburgh and Newcastle-based Virgin Money said it will enter the banking market for small and medium-sized enterprises (SMEs) starting with a deposit account in January 2018…
Edinburgh and Newcastle-based Virgin Money is set to be the only company in the FTSE 350 with an all-female leadership after the bank confirmed it…
Shares of Newcastle and Edinburgh-based challenger bank Virgin Money rose about 5% after it gave investors a positive trading update and outlook for rest of…
UPDATE 1 — Edinburgh and Newcastle-based challenger bank Virgin Money Holdings on Tuesday announced changes to its board and said underlying profit before tax rose 26%…
UPDATE 1 — Newcastle and Edinburgh-based challenger bank Virgin Money insisted it had maintained a “strong focus on asset quality” as its credit card balances grew about 8% to £2.7…
Edinburgh and Newcastle-based challenger bank Virgin Money said its 2016 statutory profit before tax increased 41% to £194.4 million and its gross mortgage lending grew 12% to £8.4 billion, giving it…
Shares in Gosforth and Edinburgh-based challenger bank Virgin Money fell more than 6% on Thursday after WL Ross — the investment firm managed by billionaire Wilbur Ross…
Edinburgh-based Virgin Money said on Wednesday it delivered a strong performance in its first full financial year since listing, with underlying profit before tax increasing by 53%…
Chief financial officer Peter Bole (pictured) is to leave Edinburgh-based Tesco Bank to do the same job at cross-town rival Virgin Money — and pick up a…
Edinburgh-based Virgin Money said on Tuesday that Lee Rochford is to “stand down” as chief financial officer (CFO) and as an executive director of the company….
Debbie Crosbie’s mutually-owned Nationwide Building Society has confirmed a proposed £2.9 billion cash deal to buy listed Virgin Money UK plc that the companies flagged two…
Debbie Crosbie’s mutually-owned Nationwide Building Society said it has reached a preliminary agreement to buy listed Virgin Money UK plc in a £2.9 billion potential cash…
Virgin Money said on Wednesday it will purchase Abrdn’s 50% stake in their joint venture Virgin Money Investments “following the successful launches of its new…
Wealth management platform FNZ and Virgin Money have partnered to launch a new digital investment platform for UK retail investors. The service has been developed by…
Virgin Money and Skipton Building Society on Monday temporarily withdrew their mortgage ranges for new customers because of the volatility in sterling funding markets, according…
The UK’s Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after the banks breached a…
Glasgow-based banking group CYBG confirmed on Wednesday it will retire its 175-year-old Clydesdale and Yorkshire Bank brands and rename itself Virgin Money UK by the…
Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has been appointed investment adviser for £3.6 billion of assets across a range of portfolios on behalf…
Aberdeen Standard Investments and CYBG’s Virgin Money announced on Wednesday they have sealed a new investments and pensions joint venture. The venture will build on Virgin…
Shares of Clydesdale and Yorkshire Bank owner CYBG fell more than 5% on Tuesday as the bank reported a statutory first-half loss of £76 million…
Virgin Money and Aberdeen Standard Investments announced on Tuesday they agreed in principle to enter into a new strategic joint venture for the provision of asset…
UK Transport Secretary Chris Grayling said on Monday the Stagecoach-led Virgin Trains East Coast rail franchise is facing an “urgent” cash crisis and will be able to…
Edinburgh and Newcastle-based challenger bank Virgin Money said its gross mortgage lending rose 19% on the first nine months of 2015 to £6.5 billion, giving it…
Challenger bank Virgin Money said it grew its gross mortgage lending by 30% to a record £2.1 billion in the first quarter of 2016 compared to the same period last year….
Edinburgh-based golf technology firm Shot Scope has raised $8.5 million in a Series B funding round led by Guinness Ventures, which invested $4 million. Through…
Edinburgh-based investment giant Abrdn plc announced on Friday that group chief executive officer Stephen Bird will step down and that Jason Windsor, currently chief financial officer, has…
2i Testing, the Edinburgh-based quality assurance and software testing consultancy, said it has secured eight-figure funding from London-based private equity firm Rockpool Investments as it aims…
Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…
Glasgow-based Loganair — currently up for sale — announced that it returned to profitability in the financial year to March 31, 2022, as it reported a…