UK banking group CYBG may rein-in its management bonus scheme after courting shareholder ire earlier this year with a plan that could result in Irish banker David Duffy’s remuneration soaring to as much as £4.24
When David Duffy’s mother saw him on the Six O'Clock News one evening discussing how much debt bailed-out Allied Irish Banks was in, she dropped her tea tray. Her son had just become its chief
The Open Banking Implementation Entity (OBIE) said UK small and medium-sized enterprises (SMEs) could gain an extra £12bn a year from open banking, with consumers set to benefit from a £6bn open banking boost. In
The Clydesdale Bank brand is set to disappear from the high street 181 years after it was first formed in Glasgow. The bank's owners have warned of potential job cuts as both Clydesdale and Yorkshire
The Financial Conduct Authority (FCA) has today published the final report on its investigation in to Royal Bank of Scotland’s (RBS) treatment of small and medium-sized enterprise (SME) customers transferred to its Global Restructuring Group
Baroness Zahida Manzoor CBE has been appointed Chair of the Financial Ombudsman Service. The appointment was made by the FCA Board with the approval of HM Treasury. Baroness Manzoor will take up the role on
RGL Management, a company managing the group claim for the small and medium-sized businesses, said it had started legal action for a large claimant group against Clydesdale Bank (CYBG) and its former owner National Australia
CYBG plc, the former National Australian Bank-owned company that holds Clydesdale Bank and Yorkshire Bank, has taken an additional charge of £30 million ($56 million) in relation to alleged mis-selling of payment protection insurance (PPI)
FTSE 250-listed lender CYBG PLC on Wednesday reported a "resilient" interim performance amid its Virgin Money integration "progressing well". CYBG, which operates the Clydesdale Bank and Yorkshire Bank brands and recently bought rival Virgin Money,
Clydesdale Bank owner CYBG stressed its “resilient” start to the year despite coming under pressure from intense competition and a sluggish economy, with revenues and bad debt levels both worsening. Total revenues in the six
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