Next A.I 100% er noq seller cleared23 Apr 2025 08:07
2nd section particularly interested regarding 2025 full banking licence
BANK did 500%- 1000% at the start of 2025 with something similar
In September 2008, Jim led the largest transaction in Clyde Blowers' history by acquiring the entire Fluid & Power Division of Textron Inc, an American Fortune 500 multi-industry company in a deal worth over $1 billion. This included a US company, Union Pumps, which was merged with Clyde Pumps in 2008 to form Clyde Union Pumps. The combined business was sold 3 years later in 2011 for a return of 4x invested capital.
More recently, in 2018, Jim founded AlbaCo with a view to establishing a new Scottish based challenger bank focussed on serving the SME market with dedicated relationship management and modern digital IT. AlbaCo expects to be awarded a full banking licence during the first half of 2025 enabling it to take deposits and start lending.