LONDON, UK: Nationwide Building Society has agreed to acquire Virgin Money UK PLC for £2.9 billion in cash, in a deal that would create the UK’s second largest mortgage and savings provider. Virgin Money shareholders would receive 220 pence per share, including a dividend of 2 pence, which is a 38% premium to the market…
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Virgin Money and FNZ partner to launch digital investment platform for UK retail investors
FNZ, the global wealth management platform, has partnered with Virgin Money, the full-service digital bank serving 6.6 million customers across the UK, to launch a new digital investment solution for UK retail investors. The joint venture, Virgin Money Investments, has developed a new digital investment platform and mobile app aimed at making investing easier, faster,…