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Banking & Finance

Nationwide boss sees pay packet nearly double after Virgin Money takeover
Finance
Dame Debbie Crosbie spearheaded the mutual's multi-billion pound acquisition of Virgin Money
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Established SMEs play a key role in Welsh private sector employment
Wales
New research on their impact has been carried out by Oxford Economics on behalf of Allica Bank
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Alun Williams marks quarter of a century as CEO of Swansea Building Society with new charity fund
Banking & Finance
He is the longest serving CEO of any 海角视频 mutual
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Nationwide income jumps to 拢6.4bn as credit card division expands
Nationwide
The Swindon-based mutual's income was driven by a surge in consumer lending
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The latest equity investment and acquisition deals in Welsh business
Deals
Firms freature include K3 Metrology, Mariposa, Elmatic, Alesi Surgical, Creo Medical and 1st Choice Accident Repair Centre.
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Admiral boss attributes FTSE giant鈥檚 staff retention to share awards scheme
Wales
FTSE 100 insurance giant CEO Milena Mondini de Focatiis tells CiytAM senior reporter Maria Ward-Brennan that Admiral's share performance scheme has significantly contributed to staff retention.
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Ecology Building Society to open its first 海角视频 physical branch in the Valleys
Finance
It has transformed a former hardware store in Porth for its first high street branch with plans for more branches
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BCRS Business Loans secures 拢20m mandate to back small firms in Wales and the Midlands
Deals
It has secured another funding allocation from the British Business Bank
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Housing association Adra in new 拢65m funding deal to deliver more homes
Housing
It has secured backing from NatWest
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Fall in equity investment deals in Wales shows new research
Deals
The British Business Bank research also shows a sharp fall in the value of reported equity deals in Wales
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Swansea Building Society maintains its upwards trajectory
Swansea Bay City Region
The mutual also remains committed to its high street presence
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Lloyds in 拢1bn of new finance to support the growth of Welsh firms this year
Deals
Across the 海角视频 it is making 拢35bn available
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The 拢130m Investment Fund for Wales in biggest investment deal yet
Deals
The equity element of the fund managed by Foresight has invested 拢3.5m into industrial services firm Advantiv
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Ecology Building Society chooses Valleys town for its first high street branch
Finance
The branch will open at the site of a former hardware store in April
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Admiral invests in fund backing growth of 海角视频 mid-market firms
Banking & Finance
It has invested in HSBC Asset Management鈥檚 海角视频 Direct Lending Fund.
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Ethical bank Triodos 'first international lender' to receive fair tax mark
Finance
'We believe tax should be paid where real economic value is created'
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Rise in the number of business failures in Wales
Banking & Finance
Insolvency and restructuring trade body R3 has also released new data on business start-ups in Wales
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WRU and Principality Building Society extend stadium naming rights deal
RugbyTalk
The mutual has extended the deal for the Principality Stadium for a further three years
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Equity investor BGF looking to increase deal flow in Wales and South West
Deals
Last year its successful exits include from a 拢60m acquisition of Victorian Sliders.
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Santander to shut 44 bank branches with 291 jobs at risk
Retail & High Street
The high street bank has said the closures are part of an 'overhaul' of its network
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Welsh SMEs need to evaluate more their banking options shows new research
Deals
The Welsh Economy Research Unit has looked at how Welsh SMES are supported by banks and the use of technology
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Principality in first lending deal with an English housing association
Banking & Finance
It has provided 拢20m of commercial ending to Rochdale Boroughwide Housing
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WRU in new debt deal with HSBC and Goldman Sachs
RugbyTalk
Its new 拢60m facility follows the refinancing of debt with NatWest and the Welsh Government
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Principality Building Society in 拢600,000 of charitable funding
Wales
The funding supports communities, young people and environmental sustainability across Wales.
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