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Showing 1 - 10 of 40 results for "Clydesdale"

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... investments. Three of its top 10 investment ideas over the next three to five years include Suncorp, Link Group and Clydesdale Bank. It also holds a current position in Macquarie Group. Addressing the fund's investment selection process, Williams ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... time said the demerger would be structured with a new holding company, CYBG PLC, taking 75% ownership of NAB's Clydesdale and Yorkshire operations; the proceeds of the sale will be distributed to shareholders. The remaining 25% will be sold to institutional ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... preliminary approach with respect to an all-share combination with Virgin Money in the UK. CYBG, which operates through the Clydesdale Bank, Yorkshire Bank and B brands, will acquire all issued and to-be-issued ordinary share capital of Virgin Money ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
... last year's net loss of $1.7 billion which resulted from the demerger and IPO of CYBG (the new holding company for Clydesdale Bank) and the additional $801 million charge associated with that process. Changes to NAB's executive lineup were also announced ...

NAB appoints research veteran to head retirement arm

ALEX BURKE  |  FRIDAY, 13 JAN 2017
... Healey. NAB chief executive Andrew Thorburn said the "time was right" to restructure the group following the demerger of Clydesdale and the selling down of its life insurance business to Nippon Life. He explained: "We have had a very clear plan over ...

Clydesdale director departs

ALEX BURKE  |  MONDAY, 9 JAN 2017
... formed following the NAB demerger, will lose a longstanding non-executive director on January 10. Richard Gregory joined Clydesdale in 2000 having been managing director at Yorkshire Television. He was also chair of Chesterfield Royal Hospital NHS Foundation ...

Clydesdale in talks to acquire RBS subsidiary

ALEX BURKE  |  WEDNESDAY, 26 OCT 2016
CYBG, the holding company formed following the NAB demerger, is in talks to acquire a business from the Royal Bank of Scotland. The Williams & Glyn business refers to parts of RBS and National Westminster Bank, comprising 307 branches, which must be ...

CYBG appoints former AMP MD

ALEX BURKE  |  FRIDAY, 9 SEP 2016
CYBG, the new holding company for Clydesdale Bank following the NAB demerger, has appointed two new directors. Timothy Wade, who will join the boards of CYB Investments and Clydesdale Bank, as well as the board's risk and audit committee, joins CYBG ...

PROFILE: Qantas Super chief executive Michael Clancy

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
... time he also moved to the UK for 18 months and helped run a small investment business running out of the NAB-owned Clydesdale Bank. From there Clancy was promoted to general manager of MLC Asset Management, an appointment not previously foreseen as his ...

Wealth division overhauled in latest NAB restructure

MARK SMITH  |  FRIDAY, 22 JUL 2016
... Anthony Healy respectively. NAB group chief executive Andrew Thorburn said following the successful demerger and IPO of Clydesdale Bank earlier in the year and with the sale of 80% of the Life Insurance business to Nippon Life nearing completion, the ...
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