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    Virgin Money PLC

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    • Wednesday, 29 January, 2020
      Virgin Money suffers shareholder revolt over pay

      Almost a fifth oppose remuneration report in second consecutive AGM protest

      FILE: A customer uses an automated teller machine (ATM) inside the Virgin Money Holdings U.K. Ltd.'s 'Money Lounge', in this arranged photograph, in Norwich, U.K., on Monday, Feb. 13, 2012. CYBG Plc agreed to buy Virgin Money Holdings U.K. Plc for about 1.7 billion pounds ($2.3 billion) in an all-stock transaction, creating a bank with about 6 million customers to challenge Britain’s largest lenders. Our editors select the best archive images of Virgin Money, Richard Branson, David Duffy, and Jayne-Anne Gadhia. Photographer: Chris Ratcliffe/Bloomberg
    • Wednesday, 29 January, 2020
      LombardKate Burgess
      Virgin Money must listen to shareholders on pay

      It is hard to see how chief executive’s remuneration matches investors’ suffering

      David Duffy, chief executive officer of CYBG Plc, pauses during a Bloomberg Television interview in London, U.K., on Tuesday, May 15, 2018. CYBG Plc, one of the U.K.'s so-called challenger banks, increased provisions by 350 million pounds ($474 million) in the first half for improperly selling payment protection insurance. Photographer: Chris J. Ratcliffe/Bloomberg
    • Friday, 24 January, 2020
      Virgin Money starts search for new chairman

      Jim Pettigrew to retire by September 2021

      Jim Pettigrew. of Ashmore Group PLC
    • Thursday, 28 November, 2019
      Executive Pay
      Virgin Money CEO beats bigger rivals on pension payments

      Main UK retail banks have been cutting back cash in lieu of bosses’ retirement benefits

      FILE: A customer uses an automated teller machine (ATM) inside the Virgin Money Holdings U.K. Ltd.'s 'Money Lounge', in this arranged photograph, in Norwich, U.K., on Monday, Feb. 13, 2012. CYBG Plc agreed to buy Virgin Money Holdings U.K. Plc for about 1.7 billion pounds ($2.3 billion) in an all-stock transaction, creating a bank with about 6 million customers to challenge Britain’s largest lenders. Our editors select the best archive images of Virgin Money, Richard Branson, David Duffy, and Jayne-Anne Gadhia. Photographer: Chris Ratcliffe/Bloomberg
    • Thursday, 28 November, 2019
      Lex
      Virgin Money: risin’ up Premium content

      Better times lie ahead for profitable lending groups, albeit amid Brexit gloom

    • Friday, 1 November, 2019
      News in-depthCYBG plc
      How long will the Virgin Money honeymoon last?

      CYBG has officially rebranded this week more than a year after it bought its UK rival

      epa03436716 A pedestrian walks by a Virgin Money branch in London, Britain, 17 October 2012. It has been reported that Sir Richard Branson wants to buy 316 branches from Royal Bank of Scotland. The entrepreneur of Virgin Money has had informal contact with RBS about a possible purchase after the deal to sell the branches to Bank Santander collapsed last Friday. EPA/FACUNDO ARRIZABALAGA
    • Tuesday, 24 September, 2019
      CYBG plc
      CYBG to cut 330 jobs as part of Virgin Money merger

      First tranche of redundancies will be spread across the UK

      A branch of Clydesdale Bank in London, which is owned by CYBG. CYBG moving its brands to the Virgin Money name.
    • Friday, 16 August, 2019
      PwC
      PwC wins contract to manage remaining Northern Rock assets

      Appointment comes despite criticism of Big Four group’s audits of failed lender

      FILE: Northern Rock Plc customers stand in line outside the bank as they wait to withdraw their savings at a branch in Moorgate, London, U.K., on Monday, Sept. 17, 2007. This week marks the 10-year anniversary of the Northern Rock Plc failure that for shadowed the 2008 financial crisis. Queues formed outside branches as thousands of Northern Rock customers led the first run on a British bank since 1866. As we look back on the anniversary, our editors select the best archive images from the crisis. Photographer: Will Wintercross/Bloomberg
    • Wednesday, 19 June, 2019
      City Bulletin
      Opening Quote: Historic Clydesdale and Yorkshire bank brands to be retired

      Your morning City briefing on companies in the news, job moves and what’s happening in the markets

      Clydesdale Bank Branches As National Australia Bank Ltd. Mulls IPO Of U.K. Units...A logo for the Clydesdale Bank Plc sits on display in the window of a Yorkshire Bank Plc branch, both owned and operated by National Australia Bank Ltd., in London, U.K., on Friday, Nov. 14, 2014. National Australia Bank Ltd. Chief Executive Officer Andrew Thorburn is considering an initial public offering of its U.K. unit as he speeds up the lender  s exit from low-returning assets. Photographer: Matthew Lloyd/Bloomberg
    • Wednesday, 19 June, 2019
      CYBG plc
      Soon-to-be Virgin Money UK pushes for growth with CYBG rebrand

      Former Clydesdale and Yorkshire Bank targets raising returns by a fifth in three years

    • Friday, 17 May, 2019
      Simon Samuels
      Metro Bank’s woes are a warning: watch the metrics

      When a single number becomes all important investors should be wary

      Chairman Anthony Thomson, Ceo Craig Donaldson And Vice Chairman Vernon W. Hill During Opening Of The First Metro Bank Outlet In Holborn, London. (Photo by John Phillips/UK Press via Getty Images)
    • Tuesday, 20 November, 2018
      LexCYBG plc
      CYBG: judgment day Premium content

      Britain’s sixth-biggest lender is receiving rough justice

      BKN4K6 TERMINATOR 2: JUDGEMENT DAY (1991) ARNOLD SCHWARZENEGGER TR2 212
    • Thursday, 26 July, 2018
      Banks
      Virgin cuts credit card income after BoE warning
    • Monday, 23 July, 2018
      FT AlphavilleDan McCrum
      Would you say we were awesome, terrific, or just super great?
      Would you say we were awesome, terrific, or just super great?
    • Friday, 6 July, 2018
      UK banks
      Clydesdale shares hit record as BoE update boosts Virgin takeover

      Changes to risk-weightings will boost capital levels at combined group

    • Friday, 22 June, 2018
      News in-depthUK banks
      CYBG takeover of Virgin Money raises concerns in Newcastle

      Remnants of Northern Rock bought by Branson face upheaval — and up to 1,500 job cuts

      EK04RT Virgin Money shop bank building society Moorgate Virgin Money plc is a UK-based bank and financial services company
    • Monday, 18 June, 2018
      LombardFinancial job losses
      No need for Big Four banks to panic over CYBG-Virgin combination

      Large institutions should be wary of complacency

      Two sources close to CYBG,  the owner of Clydesdale and Yorkshire Banks, said it was one of the most obvious candidates to become a consolidator
    • Monday, 18 June, 2018
      News in-depthUK banks
      CYBG boss sees Virgin deal as a way to take on big four lenders

      A weak Virgin stock and the lack of viable alternative buyers have helped CYBG’s takeover

      epa03436716 A pedestrian walks by a Virgin Money branch in London, Britain, 17 October 2012. It has been reported that Sir Richard Branson wants to buy 316 branches from Royal Bank of Scotland. The entrepreneur of Virgin Money has had informal contact with RBS about a possible purchase after the deal to sell the branches to Bank Santander collapsed last Friday.  EPA/FACUNDO ARRIZABALAGA
    • Monday, 18 June, 2018
      UK banks
      Virgin Money agrees to CYBG takeover in £1.7bn deal

      Combination will create UK’s sixth-largest bank but cause up to 1,500 job losses

      FILE: An employee counts British bank notes at Virgin Money's first high street bank, operated by Virgin Money Holdings U.K. Ltd., in this arranged photograph in the former Northern Rock bank building in Northumberland Street, Newcastle, U.K., on Monday, Jan. 9, 2012. CYBG Plc agreed to buy Virgin Money Holdings U.K. Plc for about 1.7 billion pounds ($2.3 billion) in an all-stock transaction, creating a bank with about 6 million customers to challenge Britain’s largest lenders. Our editors select the best archive images of Virgin Money, Richard Branson, David Duffy, and Jayne-Anne Gadhia. Photographer: Chris Ratcliffe/Bloomberg
    • Friday, 15 June, 2018
      UK consumer credit
      Bank of England warns over 0% credit card offers

      Alert over risky lending practices comes at important time for Virgin Money-CYBG talks

      epa03436716 A pedestrian walks by a Virgin Money branch in London, Britain, 17 October 2012. It has been reported that Sir Richard Branson wants to buy 316 branches from Royal Bank of Scotland. The entrepreneur of Virgin Money has had informal contact with RBS about a possible purchase after the deal to sell the branches to Bank Santander collapsed last Friday.  EPA/FACUNDO ARRIZABALAGA
    • Wednesday, 6 June, 2018
      Markets InsightDaniel Thomas
      Wild swings are the story of UK stocks this year

      The jump in the number of shares with big daily moves is striking

      A padlock sits on fencing surrounding the Midland Metropolitan Hospital construction site, operated by Carillion Plc, in Smethwick, U.K., on Thursday, Jan. 18, 2018. The Wolverhampton, central England-based company filed for liquidation on Monday after failing in last-ditch efforts to get support from lenders and the government. Photographer: James Beck/Bloomberg
    • Monday, 4 June, 2018
      LombardMatthew Vincent
      CYBG expects Virgin Money shareholders to realise less is more

      Challenger bank’s ‘sweetened’ offer turns a touch sour

      The Virgin logo sits on a sign outside a Virgin Money Holdings (UK) Plc bank branch in London, U.K., on Monday, Nov. 17, 2014. Virgin Money, the lender backed by billionaire Richard Branson, bought Northern Rock for 747 million pounds after that bank was rescued by taxpayers in 2008, following the first run on a U.K. lender in more than a century. Photographer: Jason Alden/Bloomberg
    • Sunday, 3 June, 2018
      UK banks
      CYBG sweetens Virgin Money offer

      Clydesdale and Yorkshire Bank parent group in bid to create UK’s sixth-biggest lender

      A customer uses an automated teller machine, operated by Virgin Money Holdings (UK) Plc, outside a bank branch in London, U.K., on Monday, Nov. 17, 2014. Virgin Money, the lender backed by billionaire Richard Branson, bought Northern Rock for 747 million pounds after that bank was rescued by taxpayers in 2008, following the first run on a U.K. lender in more than a century. Photographer: Jason Alden/Bloomberg
    • Sunday, 27 May, 2018
      UK banks
      CYBG expected to sweeten Virgin offer after share slide

      Stock tumble of almost 8% devalues initial proposal for rival bank

      An employee counts British bank notes at Virgin Money's first high street bank, operated by Virgin Money Holdings U.K. Ltd., in this arranged photograph in Northumberland Street, Newcastle, U.K., on Monday, Jan. 9, 2012. Virgin Money, which said it has 2.5 million customers in Britain, plans to add 70 branches to its business over the next five years and offer deposit accounts, mortgages and current accounts before the end of 2012. Photographer: Chris Ratcliffe/Bloomberg
    • Friday, 11 May, 2018
      Antony Jenkins
      Technology not size is key to banking success

      It is agile, relentlessly customer-focused businesses that will triumph

      Pedestrians pass a Virgin Money Holdings (UK) Plc high steet bank branch in London, U.K., on Monday, Nov. 17, 2014. Virgin Money, the lender backed by billionaire Richard Branson, bought Northern Rock for 747 million pounds after that bank was rescued by taxpayers in 2008, following the first run on a U.K. lender in more than a century. Photographer: Jason Alden/Bloomberg
    Previous page You are on page 2 Next page

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