05/15/2013
Austria’s Erste Joins UniCredit in Snubbing Calls for Bad Bank
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Retail Banking
05/14/2013
RBS warns of more jobs cut and branch closures
Banks need to get more efficient and that will mean from time to time
05/12/2013
UniCredit net profit hits $588m
The bank, the first of Italy's retail banks to release results for the quarter, said inflows of new bad loans had fallen in its home market for the second quarter in a row.
05/12/2013
Bank Austria Q1 net down 29 pct, loan writedowns rise
Net profit at UniCredit's Bank Austria unit fell 29 percent in the first quarter as loan writedowns in central and eastern Europe (CEE) jumped by almost a third, emerging Europe's biggest lender said on Monday.
05/06/2013
Commerzbank loses $123M in Q1 due to restructuring
Germany's Commerzbank said Tuesday it lost 94 million euros ($123 million) in the first quarter after taking heavy charges for future job reductions as the bank tries to turn its business around.
05/01/2013
Metro Bank losses pass £100m in just three years
Metro Bank, the first new high street lender in Britain in more than a century, has seen losses reach more than £100m nearly three years since its launch.
04/28/2013
Lloyds Banking Group to sell Spanish retail banking operations
The business being sold consists mostly of retail mortgages and deposits
04/25/2013
Mellon Bulgaria helps enhance the customer experience at the Branch of the Future
The customers of UniCredit Bulbank can now enjoy reduced waiting times, faster transactions, and peace of mind in interacting with their bank branch
04/24/2013
Handelsbanken Earnings Beat Views amid Narrowing Loan Losses
The Bank extended its prefinancing and all bonds maturing up to the end of June 2014 have been prefinanced
04/23/2013
SEB Earnings Rise amid Uncertain Market Conditions
Lending to SMEs increased by 9 per cent compared to a year ago and we have attracted 3 400 new SME customers since year-end."
04/22/2013
Banco Santander CEO Saenz Forecasts Strong Recovery in Earnings
We are very close to completing the reinforcement of our balance sheet and entering a new results cycle
04/21/2013
SMBC Nikko to Add 100 Staff Abroad to Compete With Global Banks
SMBC Nikko targets a 25 percent increase in employees in Europe, the U.S. and Asia outside Japan
04/17/2013
RZB Group posts solid results once again
In equity and liabilities, the decline primarily stemmed from deposits from banks
04/16/2013
FCA flags up Barclays as the most complained about bank
The bank was keen to deflect its poor complaints record.
04/14/2013
Metro Bank opens 17th store in Guildford
New account holders will be delighted to know they can use their debit and credit cards overseas without any charge from Metro Bank
04/11/2013
Deutsche Bank to cut 18,000 small Dutch clients
The decision follows a restructuring announced by Germany's biggest business lender in September, including job cuts and asset sales, as part of moves to meet tougher capital rules.