Scotland's Finance Secretary John Swinney has said the warning by Lloyds Banking Group about the possible "risk" from independence backs up the case for a "formal currency area".
Swinney said: "Scotland has a strong and diverse economy and the point of independence is to win the powers we need to build on those strengths and create a more prosperous and secure economy - which is good for the financial sector and everyone else.
"Lloyd's Banking Group's comments show exactly why our proposals for a formal currency area are the right proposals, why they are in the best interests of business on both sides of the border and why that is what will be implemented by both governments."
Scottish finance minister John Swinney has responded to Standard Life's revelation that they would relocate parts of its operations to England if an independent Scotland "were to threaten" its business:
SNP leader and Scottish First Minister Alex Salmond congratulated Mr McDonald on a "fantastic SNP win", adding he would be a "first-class representative for the people of Donside".
Midway into our second term of government and we have comfortably retained a seat which Labour once held. Their failure to make significant progress is a major setback. This is a very bad result for Labour - after six years of opposition, they show no sign of being anything more than an opposition party.
I am also delighted that UKIP failed to retain their deposit. They have never saved a single deposit in Scotland, which once again demonstrates a clear divergence between Scottish and Westminster politics.