March 25, 2017 10:56 PM ET

Banks

Company Overview of CYBG PLC

Company Overview

CYBG PLC, through its subsidiaries, provides retail and commercial banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, and B brands in the United Kingdom. It operates through SME Banking and Retail Banking segments. The company offers current accounts, savings accounts, business accounts, and term deposits; personal, car, investment, hire purchase, lease, term, and business loans, as well as overdrafts and invoice finance products; term lending products; credit cards; mortgages; and working capital solutions. It also provides home, car, travel, life and critical illness, commercial, and business vehicle insurance services; and payment, treas...

20 Merrion Way

Leeds,  LS2 8NZ

United Kingdom

Founded in 1838

7,673 Employees

Key Executives for CYBG PLC

Chief Executive Officer and Executive Director
Age: 54
Total Annual Compensation: 1.8M GBP
Chief Financial Officer and Executive Director
Age: 49
Total Annual Compensation: 828.0K GBP
Chief Operating Officer and Executive Director
Age: 45
Total Annual Compensation: 810.0K GBP
Compensation as of Fiscal Year 2016.

CYBG PLC Key Developments

CYBG PLC Reaffirms Earnings Guidance for the Year 2017

CYBG PLC reaffirmed earnings guidance for the year 2017. The company's guidance remains unchanged.

CYBG PLC Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017

CYBG PLC Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017 . Venue: Credit Suisse, 20 Columbus Courtyard, Canary Wharf, London, E14 4DA, United Kingdom. Speakers: Craig Purden, Head of Treasury Capital & Funding, CYBG, Miles Storey, Treasurer.

CYBG PLC to Close 79 Branches of Yorkshire Bank and Clydesdale Bank

CYBG PLC confirmed that it will close 40 branches of Clydesdale Bank and 39 branches of Yorkshire Bank in 2017. CYBG announced that around 200 Yorkshire Bank and 200 Clydesdale Bank staff will be at risk of redundancy in light of the closures, though noted it would try to find roles for front-line branch staff either within its branches or elsewhere in the bank.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 30, 2016
--
Merger/Acquisition
August 1, 2016
--
 

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