Financial

Attracting and retaining talented staff leads to a bright future in financial planning, writes Rosemary Gallagher.

A group of Edinburgh-based entrepreneurs have completed a five-week programme designed to help their start-ups grow and secure investment.

Former Baillie Gifford & Co partner Leslie Robb shares the rewards of venture philanthropy following his investment in Inspiring Scotland’s 14:19 Fund.

Price comparison outfit GoCompare has announced a “strategic partnership” with Edinburgh-based personal finance app Money Dashboard, adding that the move will help it improve services and boost innovation.

Wealth manager Charles Stanley has further strengthened its presence in Scotland with the opening of an office in Aberdeen.

An Aberdeen-based company that uses drones for inspection work has secured significant investment to support its growth thanks to the efforts of Anderson Anderson & Brown (AAB), the accountancy and business advisory practice.

Later this week, the great and the good of the burgeoning open banking industry jet into Edinburgh for FDATA’s Global Open Banking Summit. Scotland is a worthy host, seen by many to be the home of open banking, with a string of first adopters including our own company, Money Dashboard, and the like of miiCard almost a decade ago.

Bank of England boss Mark Carney threw a summer party for his staff costing nearly £100,000 complete with a bake-off and fun run, as Britain hunkered down ahead of Brexit.

Two businesses have gained membership of the STV Growth Fund, with each benefiting from £50,000 of marketing and support from the broadcaster.

Individual investors are being given access to an opportunity usually only available to major institutional investors via a ground-breaking investment trust that is looking to raise £200 million.

The ability of banks to withstand the economic shock of a no-deal brexit will be revealed when the Bank of England publishes its annual health check on the sector.

LendingCrowd, the Edinburgh-based fintech lender, has named Darren Cairns as its new chief marketing officer.

Sure Thing Insurance Services, the Lanarkshire-based broker headed by former Kwik Fit Financial Services chief Brendan Devine, has reported a double-digit hike in its policy count following a change of strategy.

Employment growth at the UK’s small and medium-sized enterprises (SMEs) is rising at a significantly faster rate than that of larger firms, according to new research.

CYBG shares slid almost 17 per cent after the bank posted a full-year loss, with costs relating to mis-sold payment protection insurance (PPI) weighing on the group.

Nucleus Financial, the Edinburgh-based wrap platform provider, is seeking to grow its inflows and assets under administration (AUA) after inking a new technology services agreement.

A senior executive at Clydesdale Bank owner CYBG is to become one of a handful of female chief executives of a British bank when she takes the helm at TSB next year.