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Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions . The company has been providing financial services to the UK market since 1815.
Scottish Friendly: Financials Full line insurance Glasgow: 1862 Insurance and friendly society: P A Scottish Power: Utilities Multiutilities Glasgow: 1990 Gas and electricity, part of Iberdrola (Spain) P A Scottish Water: Utilities Water Dunfermline: 2002 Public water utility owned by the Scottish Government S A Scottish Widows: Financials ...
In 1999, the group agreed to buy the Scottish Widows Fund and Life Assurance Society for £7 billion. [32] The society demutualised in 2000, shortly before the acquisition was completed. [ 33 ] In 2001, Lloyds TSB made a bid to acquire Abbey National ; however, the bid was blocked by the Competition Commission , who ruled that a merger would be ...
Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company's 53-year history.The Dallas-based airline said Monday that the job cuts ...
Aegon UK (Aegon) is an Edinburgh based financial services provider specialising in pensions, investments and insurance.. Aegon is the brand name for Scottish Equitable plc and it is a subsidiary of Aegon N.V., a multi-national life insurance, pension and asset management company headquartered in The Hague, Netherlands.
In 2006, HBOS secured the passing of the HBOS Group Reorganisation Act 2006 (c. i), a local act of Parliament that rationalised the bank's corporate structure. [6] The act allowed HBOS to make the Governor and Company of the Bank of Scotland a public limited company, Bank of Scotland plc, which became the principal banking subsidiary of HBOS.
Big financial institutions such as The Royal Bank of Scotland, the Bank of Scotland, Scottish Widows and Standard Life all have a presence in the city. Centred primarily on the cities of Edinburgh and Glasgow, the financial services industry in Scotland grew by over 35% between 2000 and 2005. [74]
Scottish Widows Investment Partnership (SWIP) was an asset management company based in Edinburgh, Scotland. It was one of Europe's largest asset management companies, with £146 billion of funds under management as at 31 December 2013. [ 1 ]