11/16/2023
EBRD Agrees Subordinated Loan Facility with TBC Bank
The funding provided by the EBRD will strengthen TBC’s capital structure and support the bank’s sustainable growth.
Retail Banking
11/14/2023
Intesa Sanpaolo gives clients more time to opt out of digital shift
The complaints prompted Italy's central bank as well as the antitrust authority to look into the way the lender was shifting the clients to the app-based unit.
11/13/2023
Private credit is no panacea for Europe’s capital market woes
Loans are moving off banks' balance sheets, but questions remain over what's filling the slack
11/13/2023
SocGen weighs sale of German unit in bid to boost returns
The deal could fetch a few hundred million euros, the sources said, asking not to be identified discussing non-public information.
11/10/2023
WHSmith reports 28% revenue growth in FY23
The retailer’s headline profit before tax and non-underlying items rose 96% during the fiscal year.
10/30/2023
HSBC Holdings plc 3Q 2023 Earnings Release
This underlines the substantial distribution capacity that we have, even as we continue to invest in growth.
10/25/2023
Lloyds’ profits and Wall St gains fail to lift FTSE
FTSE 100 unmoved by Lloyds’ third-quarter profits beating expectations, strong overnight gains in the US and a stimulus announcement from Beijing.
10/24/2023
Lender TAB lands £300 securitisation facility from NatWest
UK banking giant NatWest is backing green mortgage lender TAB with a new funding line as it looks to scale its loanbook
10/24/2023
Coop launches “super app” for financial services
The messages suggested that the retail group would soon be offering a new banking service.
10/23/2023
GLKB cooperates with well-known partners in the pension sector
The aim of the cooperation is to sell pension solutions, as the state institute announced on Monday .
10/16/2023
Metro Bank seeks bids within weeks for £3bn mortgage book
Metro Bank wants rival high street lenders to submit offers by early November as it continues to repair its balance sheet, Sky News understands.
10/10/2023
Nordic bank’s 9.5% yield and conservative lending lure top investors
Nordea's strong track record of profitability has won the bank some of the world's top-performing fund managers as fans.
10/06/2023
Metro Bank sounds out rivals about buying part of its mortgage book
UK challenger bank’s shares fall almost 30% after reports it is seeking to raise up to £600mn from investors
10/06/2023
Will Metro Bank be 2023’s next banking collapse?
Metro met with rivals including HSBC, NatWest and Lloyds on Thursday to discuss buying a third of its mortgage book in efforts to bolster its balance sheet.
09/29/2023
CaixaBank wins the “Momentum Award for Confirming Bank 2023”, awarded by the Asian Development Bank
The award acknowledges CaixaBank as the confirming bank with the highest increase of transactions in the last year, considering both the number of transactions and their total volume.
09/25/2023
Barclays to close accounts of UK expats, impacting savings and pensions access
This decision could potentially affect numerous expats who rely on these accounts for their financial transactions.
09/11/2023
European retailers risk dressing-down from investors as consumers flinch
This gloomy forecast did not play out, with retailers largely able to pass costs on to consumers as demand proved more resilient than initially feared.
08/31/2023
Lending marketplace Freedom Finance becomes Aro in rebrand
CEO Emma Steeley says the change marks a “new chapter” for the company
08/23/2023
Nationwide and Santander slash mortgage rates – ‘other lenders may follow’
In addition to these, Nationwide is reducing selected two-, three-, and five-year fixed rates for existing customers moving home by up to 0.40%.
08/21/2023
NatWest is giving £200 cash boost to people for free for making simple bank change
Here are more details of what you need to do to receive the £200 from the bank and what the eligibility rules are