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Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024.. The Virgin Money brand was founded by Richard Branson in March 1995.
In October 2024, Virgin Money UK was sold to the Nationwide Building Society. Branson made £724 million from the deal, £414 million from his 14.5% shareholding and £310 million for Nationwide's use of the Virgin Money brand for up to six years.
On 15 October 2018, CYGB completed the acquisition of the Virgin Money group for £1.7 billion. This was one of the first major deals in the banking sector since the 2008 financial crash. David is CEO of the combined CYBG group, and its subsidiaries, Virgin Money and Clydesdale Bank. [15]
CEO of Virgin Money UK Dame Jayne-Anne Gadhia , DBE , CVO , FRSE (born 19 October 1961) [ 1 ] is a British businesswoman. She is the Founder and Executive Chair of the fintech Snoop.
The current logo of Virgin Money's operations outside the UK. Virgin Money's logo is focused around the main logo of Virgin Group, which is an underlined word 'Virgin' in a red and magenta gradient coloured circle. This logo was introduced in January 2012 to signify the purchase of Northern Rock, which used a magenta logo.
Virgin StartUp is the Virgin Group's non-profit company, helping entrepreneurs across the UK to start, fund and scale their business. In 2013, Branson visited Boxpark in Shoreditch, London, to launch the new organisation, revealing that he wanted to support anyone that had the same dreams and ambitions that he did as a young boy: “It was £ ...
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
James Neilson Pettigrew (born 28 July 1958) who is currently the chairman of the AIB Group Plc, RBC Global Asset Management UK Ltd, and Scottish Ballet.Until recently, he was the chairman of Virgin Money & CYBG PLC, the owners of Clydesdale Bank, Yorkshire Bank and the digital app based current account provider, B. [1] CYBG PLC was formed as part of the demerger with National Australia Bank in ...