Virgin Money

Liontrust's Jamie Clark explores how challenger banks have fared in their aim to create more competition.

A raft of pulled IPOs in October point to a more rational environment for new listings, managers suggest.

Challenger bank Virgin Money has announced plans for an initial public offering this month, committing to a progressive dividend policy in the process.

Virgin Money is poised to bid for 316 branches Royal Bank of Scotland branches, after a deal with Santander collapsed.

Northern Rock is to be sold rather than remutualised or floated on the stock market, the Chancellor said last night.

Virgin Money is to launch a climate change vehicle, its first fund in 12 years. The group said it ...