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In 2007, Virgin Money launched in the US after the Virgin Group made a majority stake investment in CircleLending, a company that facilitated peer-to-peer loans. [9] Virgin Money USA entered into dissolution on 1 November 2010, and is no longer listed as a Virgin property on the Virgin Money home page; the Virgin Money US site itself was also dismantled.
A branch of the Northern Rock with Virgin Money branding on Briggate in Leeds. On 13 October 2007, Sir Richard Branson announced that Virgin Group were putting together a consortium of financiers to propose to plough millions into the troubled Northern Rock bank and in return take an approximate 30% stake in the business, bringing the current financial products offered by Virgin and combining ...
The acquisition of Virgin Money was completed on 15 October 2018. [18] In June 2019, CYBG plc announced its plans to consolidate its businesses under the Virgin Money brand. Clydesdale Bank, Yorkshire Bank and B, which exist as trading divisions of Clydesdale Bank plc will begin to use the Virgin Money name in late 2019 with full use planned by ...
Virgin Money may refer to: Virgin Money (brand), a financial services brand owned by Virgin Group; Virgin Money UK, a British banking and financial services company; Virgin Money Australia, an Australian banking and financial services company owned by the Bank of Queensland; Virgin Money US, a former US loans company
Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) [1] is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland.. 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 ...
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Virgin Money Australia initially launched in partnership with Macquarie Bank, [2] followed by Westpac under a five-year agreement. At the time of Virgin Money's launch in Australia the group company that combined the Virgin Money UK and Australian operations was co-owned by Virgin Group and HHG Group. In 2004 100% ownership of that UK/Australia ...
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