Clydesdale Bank is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland.
In June 2018, it was announced that Clydesdale Bank plc’s holding company, CYBG, would acquire Virgin Money for £1.7 billion in an all-stock deal, and that Clydesdale Bank plc’s Clydesdale Bank, Yorkshire Bank and B brands would be phased out in favour of Virgin Money’s brand, including the renaming of parent company CYBG plc to Virgin Money UK plc. Clydesdale Bank, along with Virgin Money and Yorkshire Bank (B’s rebrand to Virgin Money was completed in 2019), currently operate as trading divisions of Clydesdale Bank plc under its banking licence.
