The Scottish National Investment Bank (SNIB) has appointed asset management veteran Al Denholm as its new chief executive officer. “With over 36 years of asset…

Lloyds Banking Group plc — owner of Bank of Scotland, Scottish Widows and Halifax — on Wednesday announced a share buyback of up to a…

NatWest Group plc — the bank formerly known as RBS — announced it will hold its Annual General Meeting at the group’s Gogarburn headquarters on the…

French reinsurer SCOR has announced a £5.5 billion “longevity transaction” with Lloyds Banking Group Pensions Trustees. Lloyds Banking Group (LBG) is the owner of Bank…

Odysseus Capital Management announced it has secured planning permission for the redevelopment of Edinburgh One at 60 Morrison Street — the former headquarters of Scottish…

Legendary Linlithgow-based financial adviser Alan Steel — a favourite source for journalists in London and Scotland and known as one of the great communicators —…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said on Monday it “may be able to accommodate a…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) revealed on Tuesday its assets under management and administration remained steady in 2020, slipping 1.8% to £534.6 billion….

The £3 billion Dundee investment trust company Alliance Trust plc, which uses external fund managers Willis Towers Watson (WTW), announced board changes as it revealed…

Standard Life Aberdeen’s new CEO Stephen Bird is planning a big strategic shift for the active asset management giant by building a stable of passive…

Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said on Monday that António Horta-Osório will step down as…

Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration were £544.6 billion at December 31, 2019, down slightly…

Responsible investment campaign group ShareAction has claimed that many big UK pension schemes are skirting their responsibilities on climate change despite new regulations. ShareAction said…

Project Heather, the firm creating a new Scottish Stock Exchange based in Edinburgh’s George Street, on Monday announced another senior appointment to its executive team….

The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group…

UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Tuesday it won a legal dispute to stop Scottish Widows parent Lloyds Banking…

Edinburgh-based fund management firm Martin Currie, the active equity specialist that is part of the Legg Mason group, said it made a “key strategic hire”…

British insurer Phoenix Group Holdings is in advanced talks to buy Standard Life Aberdeen Plc’s insurance business for about £3 billion and a deal could…

UPDATE 3 — Global asset management giant Franklin Resources, Inc, operating as Franklin Templeton Investments, has agreed to acquire Sandy Nairn’s independent fund management firm Edinburgh…

Swiss private bank Julius Baer International announced the appointment of Calum Brewster as its Edinburgh-based Managing Director, Head of UK Regional Offices. Brewster’s appointment follows…

The UK government said its has now recovered more than £18 billion of the £20.3 billion that taxpayers injected into the Lloyds Banking Group — owner of the Bank…

Lloyds Banking Group — owner of the Bank of Scotland, Scottish Widows and Halifax brands — said it agreed to acquire UK consumer credit card business MBNA from a subsidiary…

Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…

The UK Government said it has made further sales of its shares in Lloyds Banking Group, reducing its remaining shareholding to less than 9%. Lloyds Banking…

UK finance minister Philip Hammond said the British government will withdraw a planned retail sale of cut-price shares in Lloyds Banking Group to the general public due…

UK finance minister George Osborne confirmed on Thursday the UK government will delay the sale of its remaining stake in Lloyds Banking Group, owner of Halifax, Bank…

Fund manager Aberdeen Asset Management, which specializes in emerging markets and Asia, said its assets under management fell from roughly £324 billion to £284 billion in the…

The chairman of Lloyds Banking Group — which includes Halifax Bank of Scotland and Scottish Widows — has caused a stir by arguing there was no…

The UK government is planning to sell its remaining 12% stake in Lloyds Banking Group, owner of Halifax Bank of Scotland and Scottish Widows, in…