2 minutes
The first tranche of Virgin Money branches will open next month as the company phases out the Glasgow-headquartered Clydesdale Bank brand. CYBG will open its new Virgin money stores in Manchester, Birmingham and London in December.
2 minutes
Virgin Money has been hit with a bill of £450m from PPI mis-selling compensation. The bill is expected to deepen the firm's multi-million-pound losses, which will significantly impact its expansion plans.
3 minutes
Clydesdale Bank owner CYBG has announced that it will close the former Virgin Money HQ in Edinburgh. The closure is part of a restructuring effort which will result in around 330 jobs being lost.
2 minutes
CYBG has reported strong progress in its first six months since its acquisition of Virgin Money last October, with pro forma underlying pre-tax profits up to £286 million. Following the acquisition, CYBG is the UK's sixth largest bank with over six million customers, serving both retail and SM
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