News

Scottish Building Society today announced that Paul Denton has been officially appointed as its new chief executive officer. Paul, who has more than 25 years experience in the banking sector, took up the reins after formal regulatory approval with a pledge to focus on personalised customer service.

Bank of Scotland has appointed a new head of commercial banking, responsible for all the bank’s business clients in Scotland. Alasdair Gardner is returning to Bank of Scotland after a successful three-year secondment with Lloyds Banking Group as its head of global corporates in North America.

TLT has further grown its UK-wide banking and finance team with the appointment of Catharine MacDonald, who joins from Ashurst as legal director in Glasgow.  Ms MacDonald will work alongside banking and finance partner Douglas Gourlay, who joined TLT in June 2018 as part of a major, ongoin

Edinburgh-based fintech lending platform LendingCrowd has today announced that it is the latest marketplace to partner with Brismo to provide sophisticated and independently verified performance metrics for investors. Brismo is a London-based provider of lending performance data that uses detai

Edinburgh is still holding its own as one of Europe’s most influential financial services hubs despite ongoing Brexit uncertainty, according to a legal expert in the sector. The first six months of 2019 has seen strong levels of activity in financial services, with a range of deals taking plac

The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q2 of 2019 shows businesses continuing to face difficulties due to prolonged uncertainty around the UK’s position in relation to the European Union. This along with rising business costs and a global economi

Andrew Miller and Andrew Harvey joined the board of non-executive directors this week and will remain until 31 July 2022. Andrew Harvey already supports the work of RoS as a non-executive member of its audit and risk committee. He is a consultant, working with clients in both the publ

Glasgow’s office occupier market has recorded steady activity in the first six months of the year, despite a limited number of major deals taking place, according to new data from JLL.

A medieval chess piece that was missing for almost 200 years has before being rediscovered by an Edinburgh family after languishing in one of their drawers for decades has been sold at auction for £735,000. Acquired for £5 in 1964 by an antiques dealer in Edinburgh and passed down t

Hibernian Football Club has been taken over by an American property tycoon today leaving the Edinburgh club free of debt. The Hibbees' board announced that the majority shareholding in the club has passed from HFC Holdings Limited – owned by Sir Tom Farmer and Rod Petrie - to Bydand Sports LLC

1825, Standard Life’s wholly owned financial planning and advice business, has announced that it has entered into an agreement to acquire the wealth advisory unit of Grant Thornton UK. The deal is expected to complete in Q4, 2019 although the commercial terms of the transaction remain undisclo

Standard Life Assurance Limited has today announced it has received authorisation from The Pensions Regulator (TPR) for its two Master Trusts – the DC Master Trust Scheme and the Stanplan A scheme. Looking after over 240,000 members the Standard Life master trusts are among the biggest in

Royal Bank of Scotland is to launch a new video banking channel which will allow their business customers to hold a secure, pre-arranged video call using a mobile device, tablet or PC.

By Gary Booth, a partner in BTO Solicitor's corporate team  

Edinburgh-based affordable housing provider, Link Group Ltd has secured £50 million 20-year funding with the support of Newbridge Advisors. The funds, which have been structured with the benefit of a financial guarantee provided by Assured Guaranty (Europe) plc and its affiliate Assured Guaran