Standard Life Aberdeen CEO Keith Skeoch said on Thursday that global markets “have passed the point of maximum panic” amid the coronavirus pandemic but have…

Standard Life Aberdeen CEO Keith Skeoch said on Friday he expects a “deep” recession amid the coronavirus crisis and then a “strong” recovery. Edinburgh-based Standard…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…

Standard Life Aberdeen CEO Keith Skeoch has been appointed chair of the Investment Association (IA) board. The IA champions the UK asset management industry. Its…

HSBC Holdings plc announced on Friday that former Standard Life chief executive David Nish will succeed Jonathan Symonds to the positions of HSBC senior independent director…

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…

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…

Digital bank account provider Revolut has confirmed long-standing speculation by announcing it has appointed former Standard Life Aberdeen co-chief executive Martin Gilbert as its chairman….

Edinburgh-based investment giant Standard Life Aberdeen — one of Scotland’s biggest employers — has introduced a new parental leave policy that allows all parents, regardless…

Scottish FTSE-listed company shares have gained 6.81% in the first nine months of 2019, against the FTSE All Share’s 10.39% rise, according to the latest…

One quarter (25%) of assets managed by UK-headquartered investment management firms are controlled by companies with headquarters in Scotland, according to the annual report of…

Royal London said its assets under management (AUM) hit a record of £130 billion in the first half of the year “due to market growth…

Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…

UK digital bank Revolut is keen to appoint Standard Life Aberdeen vice chairman Martin Gilbert as its new chairman to win over investors ahead of…

Buccleuch — one of Scotland’s biggest private landowners — announced on Thursday it is holding discussions with community bodies which have expressed an interest in…

Legislation to support the establishment and capitalisation of the Scottish National Investment Bank has been published by the Scottish Parliament. The Scottish Government has committed…

UPDATE 3 — Standard Life Aberdeen will on Monday announce it acquired Orion Partners, an Asian real estate investment firm, following news that Japan’s Mitsubishi…

Buccleuch — one of Scotland’s biggest private landowners — said on Wednesday the Duke of Buccleuch will step down as chairman of the group at the…

The dividend payments of FTSE 100 companies are forecast to reach a record high of £93.7 billion in 2019, according to investment firm AJ Bell….

Royal London announced that its group CEO Phil Loney has decided to stand down by the end of 2019. “He is standing down to concentrate…

Lloyds Banking Group (LBG) and Schroders said on Tuesday they agreed a multi-billion pound wealth management joint venture that sees Schroders appointed as the active investment manager…

Sandy Crombie, the former Standard Life CEO and Royal Bank of Scotland senior independent director, has joined Scottish fintech lender LendingCrowd as chairman. Launched in late…

Standard Life Aberdeen joint chief executive Martin Gilbert told CNBC in an interview he believes the merged firm is “a couple of years ahead of everyone…

First Minister Nicola Sturgeon has appointed former Tesco Bank CEO Benny Higgins as the strategic adviser for the establishment of the Scottish National Investment Bank….

The proposed Scottish National Investment Bank — which will be supported by long-term capitalisation of at least £2 billion over the first ten years — is…

Work to establish a Scottish National Investment Bank has started with the launch by First Minister Nicola Sturgeon of a public consultation on the details…

Edinburgh-based Tesco Bank said its profit before tax rose 143.9% to £112.2 million in the six months ended August 31, “reflecting the impact of payment protection…

Tesco Bank CEO Benny Higgins has been appointed by the Scottish Government to create a new Scottish National Investment Bank. Higgins, a colourful character who was…

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%…

The Ivy Collection, the group behind the world-famous Ivy restaurant in London’s Covent Garden — will open its first restaurant in Scotland this autumn in…

Tesco Bank chief executive Benny Higgins is to succeed Ben Thomson as the new chair of the National Galleries of Scotland (NGS) board. The appointment is…

Mining and commodities trading multinational Glencore said it appointed Aberdeen Asset Management CEO Martin Gilbert as an independent non-executive director of Glencore with immediate effect. Aberdeen Asset Management is…

UPDATE 2 — Aberdeen Asset Management said its revenue increased to 10.6% to £534.9 million and underlying profit before tax increased 19.8% to £195.2 million in the six…

Aberdeen Asset Management CEO Martin Gilbert said in an interview on Friday he will focus on external affairs after his company merges with Edinburgh-based Standard Life to create the UK’s largest…

Rupert Murdoch’s 21st Century Fox said it reached an agreement with Sky plc to buy the 61% of the British pay-TV firm it doesn’t already own for £10.75 a share — or roughly £11.7…

Speculation has been mounting in recent days that former Standard Life chief executive David Nish could be a strong internal candidate to succeed fellow Scot Douglas Flint as chairman…

The Financial Conduct Authority (FCA) has published critical interim findings from its market study into the UK’s £7 trillion asset management industry, saying that “price competition is weak” and that profits remain…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…

Standard Life, Royal Bank of Scotland, Aberdeen Asset Management, Lloyds Banking Group and Virgin Money are among the 72 firms who have signed the UK…

Sterling fell to a 31-year-low early on Friday with some traders blaming a “flash crash” that was triggered by computer-generated trading. With fears growing that the UK Government will…

The Scottish Police Authority (SPA) has appointed former RBS and Standard Life exective David Page as Police Scotland’s first director of corporate services, strategy and…

Leading Scots law firm Burness Paull said turnover for the financial year ending July 31 rose 3.9% to £53.3 million –but profit fell 3.4% to £22.6 million as post-Brexit uncertainty…

Scottish investment writing, copywriting and marketing communications company Copylab is to launch a new business in Asia with office openings in Hong Kong and Singapore. Copylab Asia…

The share prices of many of Scotland most important public traded companies have plummeted since Friday morning when it became clear the UK had voted narrowly to…

Thousands of Scottish financial sector jobs could be put at risk if the UK left the EU, the UK Treasury indicated on Friday. The Treasury…

The Royal Bank of Scotland chairman told the company’s annual general meeting that the EU referendum is “generating additional uncertainty” for the UK economy and that…

Scottish investment writing, copywriting and marketing communications company Copylab is to expand internationally by opening an office in Boston, Massachusetts to serve the asset management industry in…

Angel investor group Investing Women wants to increase the ratio of Scotland’s female angel investors from an estimated one in 20 to the US level of one…

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…

Former Experian, Aviva, RBS and Standard Life executive Graeme Jones has been appointed chief executive of trade body Scottish Financial Enterprise (SFE), replacing Owen Kelly…

The Scottish Government said it has been confirmed as “high” investment grade, matching the UK and better than Spain, Italy and Japan, by two global…

University of Glasgow spinout firm Chemify said it has raised over $50 million in Series B funding from mainly US-based investment funds to help accelerate its mission…

Natural capital asset manager Oxygen Conservation said it has acquired Kinrara Estate — part of which lies within the Cairngorms National Park — from BrewDog. Kinrara…

Lanarkshire-based DataVita, a major provider of sustainable data centre solutions, said it is partnering with AI tech giant CoreWeave to bring to life its new…

UK Prime Minister Keir Starmer has reshuffled the UK government following the resignation of his deputy Angela Rayner. In a surprise move, Lothian East Westminster…

The UK’s Advertising Standards Watchdog (ASA) has banned an advertising poster for Aberdeenshire’s BrewDog for implying that alcohol can “overcome boredom, loneliness or other problems.” The UK…

The UK’s Financial Conduct Authority (FCA) said on Tuesday that it is introducing “stripped back rules” that will make it easier for companies to raise…

Artisan Real Estate is to press ahead with the homes-led transformation of the former Caledonian Brewery on Slateford Road in Shandon, west Edinburgh, following planning…

Property developer Scarborough Group announced it has expanded its Scottish portfolio with the acquisition of the giant Grade A Younger Building, formerly an RBS office…

The Scottish and UK governments have signed a £70 million investment programme with Argyll and Bute Council to deliver economic growth for the area. The…

Scottish Widows has announced a new strategic partnership with Dutch asset manager Robeco to develop its responsible investment business. Scottish Widows is part of Lloyds…

Waterford, Ireland-based Suir Engineering Ltd., one of Europe’s fastest-growing engineering services providers, has announced the acquisition of Paisley-based Taylor & Fraser, a leading mechanical &…

By Mark McSherry The £1.8 billion global Baillie Gifford Positive Change Fund announced it is adopting the Sustainability Impact Label under the Financial Conduct Authority’s Sustainability Disclosure…

Professor Jim McDonald announced he will retire as Principal and Vice-Chancellor of the University of Strathclyde in August 2025, after 16 years in the post….

By Mark McSherry The board of Baillie Gifford’s $1.2 billion Schiehallion Fund Limited gave its backing on Friday to the fund’s chair Linda Yueh after…

Glasgow-based Solasta Bio, an agri-biotech company specialising in the next generation of green insecticides, has completed an oversubscribed $14 million Series A funding round to…

The percentage of people in the UK not on track for even a “minimum retirement lifestyle” has worsened from 35% to 38% since 2023, equating…