Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Insider UK
Insider UK
Business
Hamish Burns

Business-focussed bank to launch savings operation in Scotland

Shawbrook Bank has launched a new savings operation in Scotland to support retail and business customers.

It is recruiting a commercial director to head the service along with six staff who will join the existing team of 60 at Shawbrook's Glasgow office. The bank already has operations, payments, IT and marketing teams there.

Shawbrook recently announced plans for an enhanced business savings offering, which will consist of new product launches and increases to existing rates. It has a retail and business savings team at offices in London and Brentwood, Essex.

Chief operating officer Julian Hynd said: “We’ve been operating in Scotland since 2012 and have been steadily growing the business there ever since. The quality of financial services professionals across Scotland is very high and we’ve been able to build a well skilled, experienced team to support our Scottish‐based customers.

“This new savings division represents the next step in our evolution in Scotland and we are eager to find the country’s best talent to help drive our savings operation forward. Once on board we look forward to welcoming those individuals and integrating them into the existing team.”

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.