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Virgin Money has been dropped from the race to buy up 318 RBS branches, sources familiar with the matter said at the weekend.
Virgin Money chairman Brian Pitman has confirmed rumours the bank is interested in buying Lloyds and Royal Bank of Scotland branches.
Investors over the age of 50 have doubled their lump sum contributions into share-based ISAs following the Government's increase in their allowance to £10,200.
Other Virgin Money articles
Cash ISA savers are receiving 40 times less interest compared to those in similar taxed accounts.
When is a bank not like a bank? When Richard Branson is involved it seems...
Nine out of 10 defined benefit pension schemes are now closed to new entrants as employers continue to move away from the high-cost schemes, a report says.
A third (32%) of IFAs are putting their weight behind emerging markets to outperform next year, despite concerns about Dubai's debt problems.
Pension savers could be risking losses of up to £1,400 when they turn their pension pot into retirement income because of annuitisation delays, Virgin Money research suggests.
Confidence in UK shares is returning as IFAs pick the domestic market as the best home for clients' cash over the next quarter, shunning overseas markets.
Pension savers are still at risk of losing thousands of pounds despite industry initiatives to speed up transfers, according to Virgin Money.
The majority of IFAs feel clients will no longer accept underperformance from green and environmental funds, Virgin Money research reveals.
New Virgin Money research suggests more than half of advisers are willing to pour their own money into green funds.
Virgin Money has launched a new Climate Change fund, targeting companies with a ‘lighter footprint’ than their sector peers.
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