Virgin Money

91 results about this entity

Period: 31 Jul 2006 - 17 Mar 2025

Tesco Bank opens seven millionth customer account; current accounts to come in H1

UK supermarket chain Tesco is preparing to step up its assault on the UK banking sector with the launch of its first current account product later this year.

Santander blames IT integration issues for RBS branch network deal collapse

Spanish banking giant Santander has pulled out of its deal to buy 316 UK branches from the Royal Bank of Scotland (RBS), blaming IT integration costs and complications.

Virgin Money opens first store

Virgin Money has opened its first 'store' - a refurbished Northern Rock branch - in Guildford, Surrey as it prepares to take on Britain's high street old-guard.

HSBC moves to contactless as standard on all UK-issued debit cards

HSBC is to join Barclays Bank by introducing contactless technology as a standard feature on all new debit cards in circulation.

For banking start-ups, the word 'bank' has become a business liability

"Has the word 'bank' been so discredited that a new name needs to emerge?" That's the question being asked by business mogul Richard Branson as he conducts a rebranding exercise for the prospective Virgin Money/Northern Rock banking business.

Virgin mogul Branson makes 'multimillion dollar' investment in Square

Virgin boss Richard Branson has reputedly made a 'multimillion dollar' personal investment in Square, the US-based startup that enables small businesses to take credit card payments on their mobile phones.

MBNA and Virgin Money embark on UK contactless card roll outs

Bank of America's card unit MBNA and Virgin Money have both committed to rolling out contactless credit cards to millions of UK customers over the next two years.

Virgin Money to create 200 jobs in Edinburgh

Virgin Money is scouting for a new operations centre in Edinburgh in a move that will provide a welcome jobs boost to hard-pressed financial sector workers in the Scottish capital.

Metro Bank opens doors as Virgin Money sets back launch date

Metro Bank, the first new high street player to enter the UK market for over 100 years, has opened its doors to the public, running on a technology platform from Swiss vendor Temenos.

RBS receives offers for branch network as Worldpay bid deadline looms

Virgin Money and Santander are among five firms to have put in bids for the 318-strong Williams & Glyn's branch network owned by Royal Bank of Scotland, while Nick Ogden, founder of the WorldPay payment processing business, has submitted his offer to buy the unit back from RBS ahead of today's deadline.

UK banking revolution: Metro wins FSA license; Virgin to charge monthly account fee

The Financial Services Authority has granted a banking license to start-up Metro Bank, which promises to usher in a new era of financial services provision based on old-fashioned deposit-based lending and superior customer service standards.

Virgin Money names former Lloyds chief Pitman chairman

Virgin Money has stepped up its assault on the UK retail banking market with the appointment of former Lloyds TSB boss Brian Pitman as chairman.