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Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It is listed on the London Stock Exchange and Australian Securities Exchange; it is also a constituent of the FTSE 250 Index. The Virgin Money brand was founded by Richard Branson in March 1995.
CYBG, which owns Clydesdale Bank, Yorkshire Bank and digital brand B, has completed a deal to buy Virgin Money for £1.7bn. The move will mean all CYBG's retail customers and branches will be moved to Virgin Money's brand over the next three years, creating the UK's sixth largest bank.
CYBG has today completed the acquisition of Virgin Money. Shares in the enlarged CYBG banking group dipped in early trading this morning after the £1.7bn deal to create the sixth biggest bank in the country was finalised.
Dec 7, 2015 · Following the acquisition of Virgin Money Holdings (UK) plc in 2018, CYBG PLC changed its name to Virgin Money UK PLC and as a result, CYBG Securities now trade on the Australian Securities Exchange (ASX) as VUK CDIs and on the London Stock Exchange (LSE) as VMUK Shares.
3 days ago · The company was formerly known as CYBG PLC and changed its name to Virgin Money UK PLC in October 2019. Virgin Money UK PLC was founded in 1838 and is headquartered in Glasgow, the United Kingdom.
Mar 7, 2024 · Virgin Money was then bought by the Clydesdale and Yorkshire bank group CYBG in 2018, but the group was rebranded under the Virgin name. Virgin Money is now the UK's sixth largest...
Jun 18, 2018 · Virgin Money has agreed to an all-share takeover offer from FTSE 250 rival CYBG worth about £1.7bn, in a deal that will create the UK’s sixth-largest bank but cause up to 1,500 job losses.
