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NatWest-RBS in Sainsbury’s Bank takeover approach

Edinburgh-based Sainsbury’s Bank has received an approach from NatWest-RBS for a potential takeover. The development comes a week after supermarket group Sainsbury’s said it received third-party…







RBS-NatWest to cut a quarter of US jobs

Royal Bank of Scotland-NatWest group is to cut almost a quarter of its investment banking staff in the United States, it emerged on Wednesday. RBS-NatWest…




RBS-NatWest prices $1.6bn in notes

The Royal Bank of Scotland Group plc said on Wednesday it completed the pricing of its $1 billion in 3.073% senior callable fixed-to-fixed reset rate notes…












Abrdn makes major board appointments

Edinburgh-based investment giant Abrdn plc announced that former Marks & Spencer co-CEO Katie Bickerstaffe and former Terra Firma CEO Vivek Ahuja have been appointed to…


FirstGroup hires Lena Wilson as chair

Aberdeen-headquartered transport giant FirstGroup plc announce that former Scottish Enterprise CEO Lena Wilson will join its board as chair on February 1, 2025. Wilson is…








UK data watchdog apologizes to Rose over Farage

The UK’s data watchdog, the Information Commissioner Information (ICO), has apologised to former NatWest chief executive Alison Rose for suggesting that she personally breached data rules…









Scots finance wants more working class in top jobs

Leading recruitment firm Core-Asset Consulting has joined forces with a UK government backed organisation to help combat the socio-economic imbalance of the Scottish financial services sector. Core-Asset…




John McGuigan to chair new-look SFE board

Scottish Financial Enterprise (SFE) has announced a new chair along with other appointments to a new-look board. SFE said current deputy chair John McGuigan will…


Glasgow investment firm N4 hires Merrylees

Glasgow investment firm N4 Partners has announced the appointment of Gordon Merrylees, the former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster…


Archangels appoints Ian Macleod as new chair

Archangels, the Edinburgh-based business angel investment syndicate, has appointed former investment analyst and fund manager Ian Macleod as the new chair of its board. Macleod takes…









Livingston’s Energy Assets in £690m refinancing

Livingston-based smart metering firm Energy Assets Group announced it has completed a £690 million refinancing package, including £185 million of capital expenditure (capex) facilities. Energy Assets said it…



Scottish Mortgage hires Prudential CFO FitzPatrick

Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced the appointment of Prudential plc chief financial officer Mark FitzPatrick as a non-executive director….





Scottish Mortgage raises £200m more to invest

Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced it has raised a further £200 million by issuing two long-term, fixed…