Hampden & Co completes loan book takeover

December 30, 2019 | Banking

Written by FinTech Alliance

Hampden & Co completes loan book takeover

Edinburgh boutique bank Hampden & Co has completed a £30mn lending takeover.

In Brief:

  • The loan book has been transferred from Smith & Williamson.

  • This follows Smith & Williamson’s decision to relinquish its banking license.

  • The company will now merge with Tilney, another wealth manager.

What does this mean?

Hampden will offer its new lending clients and increasing range of banking services. It has cited considerable interest from wealth managers since it announced the takeover a few months ago.

Read more here.

 

More in Banking

Santander adds tech expertise to board
Banking
July 02, 2020

Santander adds tech expertise to board

Banco Santander has given executive positions to three technologists. In Brief: R. Marti...

Mastercard to support digital banking in APAC
Banking
June 29, 2020

Mastercard to support digital banking in APAC

Mastercard will support the launch of a new digital platform for banks and businesses to process spe...

Curve powers Samsung Pay Card
Banking
June 25, 2020

Curve powers Samsung Pay Card

Two FinTech Alliance companies, Curve and Samsung, have teamed up to release a new payments card.&nb...

Banking
April 14, 2020

UK International Reserves - March 2020

The Bank of England manages the UK’s official reserves on behalf of the Government. We publish...

Banking
April 14, 2020

Appeal of online investing

Whether you’re cautious or risk hungry, NatWest Invest thinks it has a fund for you. Since...

Banking
April 06, 2020

Keeping connected during COVID-19

People around the world are facing up to unprecedented changes to their lives caused by the coronavi...

There are no Events in this category