Financial services clusters
Edinburgh City Region is home to the
headquarters of RBS, HBOS and Lloyds TSB Scotland as well as Aegon
UK, Standard Life, Scottish Widows, Baillie Gifford, Martin Currie,
Noble Group, Dunfermline Building Society, Scottish Life,
Intelligent Finance and others.
This critical mass has a 'cluster' effect,
attracting other financial service providers and associated
businesses to the region.
Scotland ranks second to London in the
European league table of headquarters locations of the 30 largest
banks in Europe, measured by market value.
The Scottish cluster is also a major centre
for business process outsourcing activity, with over 58,000 call
and contact centre positions, around a quarter in financial
services processing.
