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Intesa Sanpaolo Posts Higher First-Quarter Profit

Intesa Sanpaolo SpA on Thursday reported a surge in first-quarter profit, mainly driven by higher commission income and lower provisions for loans gone sour.

Dexia loss swollen by derivative value adjustments

The bank, 94 percent owned by the Belgian and French states, said its net result from recurring items was a negative 88 million euros, an improvement of 72 million euros from the final quarter of 2013 as funding costs reduced.

National Bank of Greece to Sell Stake in Turkey’s Finansbank

Foreign lenders are snapping up Turkish banking assets, as the effects of a December corruption probe which wiped as much as 6.1 percent off the Turkish banking index dissipate.

UniCredit swings back to profit, bad loans fall

UniCredit , Italy's biggest bank by assets, returned to profit in the first quarter of 2014 thanks to lower loan loss charges after last year's massive balance-sheet clean up, it said on Monday.

European Union Approves Amended Lloyds Banking Group Restructuring Plan

The European Union approved an amended plan by U.K. authorities for the divestment of Lloyds Banking Group's retail business, as part of the British bank's restructuring plan.

Virgin Money on path to £2bn flotation

Bank majority owned by Sir Richard Branson close to appointing advisers for stock market listing

Italy's Banca Generali net profit up 10 pct in Q1

Net interest income was 106.8 million euros

OneSavings Bank to raise £41m in IPO

Former Kent Reliance company has 142,000 savings customers and focuses on specialist areas of the mortgage market

Commerzbank Posts Profit as Overhaul Charges Not Repeated

Commerzbank AG, Germany’s second-biggest bank, swung to a profit in the first quarter after a charge for reducing staff and other restructuring wasn’t repeated.

Crédit Agricole profit nearly doubles

French bank Crédit Agricole SA said Wednesday that first-quarter net profit was nearly doubled by tighter costs and lower provisions against bad loans as Europe's economy slowly recovers.

Co-operative Bank and Britannia merger a mistake, says report

The merger completed in August 2009 and saddled Co-op with a large, high-risk commercial loan book, created major implications for its IT platform and brought with it many staff who “lacked experience.

RBS Pre-Tax First Quarter Profit Hits £1.6bn

The taxpayer-backed Royal Bank of Scotland has seen a large rise in its first quarter profit, compared to the same period last year.

Lloyds Banking Group making 'good progress'

Lloyds Bank has said it is making "good progress" as it reported a 22% rise in underlying first quarter pre-tax profit to £1.8bn.

Lloyds confirms summer float for TSB

Bank to list 632-branch business before end of June as first-quarter profits slide

RBS in talks on Ulster Bank investment

RBS is preparing an approach to a number of private equity firms

Female Banker Jumps to her Death from Office Window after Clash with Bosses

The bank circulated an email confirming the suicide, adding it was a "very painful moment for the company."

Bank Customers Report a Decline in Positive Customer Experiences for First Time in Three Years, Largely Driven by Gen Y

More than one-quarter of the countries in the WRBR’s Voice of the Customer survey reported a decrease of more than 10 percent in the share of customers with positive experiences

Corrected- Credit Agricole to sell 50 pct stake in Belgian bank Crelan

French bank Credit Agricole said on Tuesday it had agreed to sell its 50 percent stake in Belgian bank Crelan, Belgium's seventh-largest banking group, to Belgian cooperative banks.

BNP Banker, His Wife And Nephew Murdered In Belgium

In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy Lichtenstein by a disgruntled client.

Credit Agricole shuts down its Crimea operations

French bank Credit Agricole has closed its central branch in Crimea, the last one in the Black Sea peninsula that was still operating, a local call centre employee told Reuters as foreign banks withdraw from the Black Sea peninsula following Russia's

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