BUSINESS

Virgin Money and Wilbur Ross swoop for RBS

TAGs: Royal Bank of Scotland (RBS), Virgin Money

Virgin on the ridiculous

Virgin on the ridiculous

When Richard Branson gets bored he just puts his finger in another pie. First there was Virgin Records, then there was Virgin Atlantic and since then there has been everything from Trains to Mobile, Fuel to Galactic, Virgin Gaming to Virgin Money. And it seems Virgin Money is looking to expand its business with a multi-million pound bid for the Royal Bank of Scotland. US billionaire Wilbur Ross has pledged £500m to help Branson make his move and with links between online gaming and banking so close don’t expect this to be the last move from an online gaming brand into banking. Read more

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