CYBG.L - Virgin Money UK PLC

LSE - LSE Delayed Price. Currency in GBp

Virgin Money UK PLC

30 St. Vincent Place
Glasgow G1 2HL
United Kingdom
44 800 4561247
http://www.cybg.com

SectorFinancial Services
IndustryBanks - Regional - Europe
Full Time Employees5,762

Key Executives

NameTitlePayExercisedYear Born
Mr. David Joseph Duffy B.B.S., MACEO & Exec. Director1.83MN/A1961
Mr. Ian Stuart SmithGroup CFO & Exec. Director914kN/A1967
Mr. Fraser IngramInterim Group Chief Operating OfficerN/AN/AN/A
Mr. Andrew DowneyHead of Investor RelationsN/AN/AN/A
Mr. James Richard PeirsonGroup Gen. Counsel & Company Sec.N/AN/A1978
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, B, and Virgin Money brands in the United Kingdom. It operates through SME Banking and Retail Banking segments. The SME Banking segment offers a range of banking products and services, including business current accounts; and secured and unsecured term loans, business overdrafts, and invoice and asset financing products and services. It also provides international trade services, such as import loans, export loans, documentary collections, currency guarantees, and letters of credit for securing trade; and current account facilities comprising debit cards, cheque books, regular statements, direct debits, and standing orders, as well as day to day and online banking services. This segment serves business customers in the small business, commercial, corporate, and structured finance markets. The Retail Banking segment offers personal current accounts, savings accounts, and term deposits; occupied mortgage loans and BTL loans, unsecured personal loans, and overdrafts, as well as credit card products; and insurance and investment products. The company was founded in 1838 and is based in Glasgow, the United Kingdom.

Corporate Governance

Virgin Money UK PLC’s ISS Governance QualityScore as of October 4, 2019 is 7. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.