Clydesdale Bank
Commercial bank in Scotland / From Wikipedia, the free encyclopedia
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Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh)[1] is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland.
Company type | Trading name |
---|---|
Industry | Banking, Financial services |
Founded | 2 March 1838 (1838-03-02) May 1838 (official opening) |
Headquarters | , Scotland |
Key people | James Pettigrew (Chairman) David Duffy (Chief Executive Officer) |
Services | Retail banking SME banking |
Revenue | See Parent company |
See Parent company | |
See Parent company | |
Total assets | See Parent company |
Number of employees | See Parent company |
Parent | Clydesdale Bank plc |
Website | www |
In June 2018, it was announced that Clydesdale Bank plc's holding company, CYBG, would acquire Virgin Money for £1.7 billion in an all-stock deal, and that Clydesdale Bank plc's Clydesdale Bank, Yorkshire Bank and B brands would be phased out in favour of Virgin Money's brand, including the renaming of parent company CYBG plc to Virgin Money UK plc. Clydesdale Bank, along with Virgin Money and Yorkshire Bank (B's rebrand to Virgin Money was completed in 2019), currently operate as trading divisions of Clydesdale Bank plc under its banking licence.