09/13/2020
British Banks Brace for Deeper Slump by Pulling Mortgage Deals
The headlines mask the looming risks in the wake of a fight for mortgage market share that led to looser home-loan criteria in the past three years.
Retail Banking
09/09/2020
EBRD to boost Raiffeisen Bank Albania’s lending capacity
The facility will strengthen Raiffeisen Bank Albania’s capacity to meet the financial needs of selected clients
09/06/2020
Banco Sabadell research a doable merger; BBVA, the chosen one
The corporate chaired by Josep Oliu, the oldest lively banker, has all the time acknowledged taking note of doable unions and now, with the financial disaster brought on by COVID-19, it might be time to take action.
09/06/2020
Wales’ Leading Commercial Brokerage Launch Under New Name
“With the emergence and growth of those teams it has seen our regulated consumer business catch up our investment business, so we took the view to make our name less niche and more in line with our broader offering.”
09/04/2020
CaixaBank named “Best Consumer Bank in the World 2020” and “Best Digital Bank in consumer banking in Spain 2020” by Global Finance
These awards acknowledge and award innovation and excellence within the scope of banking. In addition, the CaixaBankNow app has been chosen the “Best mobile consumer banking application in Western Europe” for the third consecutive year.
09/03/2020
Fee structure helps Curtis Banks weather Covid storm
The provider's Sipp fees are based on a recurring annual fee and a number of additional fixed fees depending on the services provided to the Sipp.
08/31/2020
Cynergy Bank applies for £10 mn grant from the Banking Competition Remedies
Cynergy Bank stated that it will create the UK’s first digital relationship bank for the underserved SME section of the economy.
08/27/2020
Do consumer warnings on financial products work?
The Distance Marketing of Consumer Financial Services Directive has requirements that consumers receive detailed information from financial services providers before a contract is concluded.
08/25/2020
Co-operative Bank to cut 350 jobs
In recent months the bank has not been immune to the effects of low interest rates hitting the income of lenders.
08/18/2020
TBC Bank Announces Unaudited Financial Results
The financial performance measures presented in this report show our reported figures only, while the impact of the above mentioned COVID-19 related
08/12/2020
M&G suffers £7.7bn retail funds outflow in first half
The investment management firm’s assets under management fell by 14% during the economic turbulence.
08/11/2020
Italian bank lending posts biggest rise in 8-1/2 years
Italian bank lending to firms rose sharply in June as businesses resuming activity
08/06/2020
ING posts 2Q2020 net result of €299 million
The impact of Covid-19 was reflected in the higher risk provisioning and goodwill impairments we booked in the second quarter.
08/04/2020
French retail banks need to close branches and slash costs
The digitisation of certain services, enabling physical services to be covered by technology, can lead to an additional saving of €3 billion in France.
08/03/2020
Some German Banks to Be Allowed to Pay Dividends Despite ECB Ban
The order applies at least until January and the ECB said it will review its stance again in the fourth quarter.
08/03/2020
BBVA, named best bank in Europe and Latin America for innovation in digital banking
Newly renamed ‘Innovation in Digital Banking Awards,’ this honor was created because the publication believed it need to to more broadly recognize the innovation strategies that banks have defined to advance their digital transformations.
07/30/2020
Historic loss at Santander as UK arm takes £5.5bn write-down
Santander booked €12.6bn (£11.4bn) in write-offs in the second quarter, blaming “the deterioration in economic outlook due to covid-19”.
07/30/2020
COVID-19: UK bank Lloyds sinks into first-half loss on pandemic woes
The deadly pandemic is having a "profound" effect on global economy, says lender
07/29/2020
Deutsche Bank posts second-quarter net loss
Pre-tax profit of 753 million euros, versus loss in prior year quarter
07/20/2020
Cerberus wants well over 7,000 Commerzbank job cuts…
Cerberus sought to invoke quicker change at Commerzbank, which rejected its demand for two supervisory board seats.