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Retail Banking

06/20/2024

NatWest's deal for Sainsbury's Bank may be modest but provides long-term potential

The acquisition allows NatWest to diversify its offerings and tap into Sainsbury’s established customer base, potentially leading to a more integrated financial services model within the retail space.

06/19/2024

CPI falls to Bank of England target of 2%

The Consumer Prices Index (CPI) rose 2% in the 12 months to May 2024, down from 2.3% in the 12 months to April.

06/14/2024

Santander to take in-house-built tech platform global

Earlier this year, Santander set out plans to launch its Openbank digital offering

06/14/2024

Britain's Lloyds Bank consolidates London offices

Lloyds will leave its building at 125 London Wall, in the capital's City financial district, by 2025, the bank said.

06/13/2024

Starling Bank posts third annual profit ahead of expected London listing

Its revenue increased to £682.2m from £452.8m in 2023.

06/05/2024

NatWest issues debit card warning with '10 million customers' affected

Betting has seen a big year-on-year increase, with an increase of 3.62 per cent on the same month last year.

05/31/2024

ING ends retail banking for private individuals in Luxembourg

The decision followed an evaluation of the bank’s activities and market potential.

05/31/2024

Crédit Agricole SA: 2024 capital increase reserved for employees of the Crédit Agricole Group

The maximum number of shares that may be issued is 32 million

05/28/2024

Bank of Ireland says bonus caps stop it competing for top overseas talent

Lender has once again taken aim at crisis-era limits on remuneration, saying they damage the competitiveness of its overseas businesses

05/20/2024

Erste Bank Hungary launches in-app flight delay insurance

The insurance is powered by leading European B2B2C insurtech Companjon, which specializes in fully digital, AI-driven embedded insurance solutions.

05/15/2024

BNP Paribas CEO dampens hopes for European bank M&A revival

Hurdles include differing regulations and labour laws, the lack of a euro zone-wide deposit insurance scheme and politics.

05/15/2024

CaixaBank welcomes 75 members from international banks at the WSBI Banking Innovation Conference

Over the course of two days, CaixaBank’s managers and team leaders will share with their international counterparts the entity's strategies in key areas such as innovation, new technologies, cybersecurity, and sustainability.

05/13/2024

Bank branch closures: Lloyds, Santander and more shut down 6,000 locations - which brand has axed the most sites?

High street banks have cited the changing consumer behaviour as to why locations have been forced to close down in recent years.

05/09/2024

NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions

The first group of NAB business clients to adopt the functionality are to go live with A2A payments “in the first half of 2024”.

05/08/2024

BBVA refuses to raise offer for Spanish bank merger with TSB owner Sabadell

BBVA offered an exchange ratio of one newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30 per cent to their closing price on 29 April, the last session before it made the offer.

05/07/2024

DNB Bank Reshuffles Management, Establishes Business Banking Norway Unit

In order to deliver the best services to our customers in the future as well, we must develop even faster.

05/07/2024

Banks accused of withholding more than £200m from SMEs

The average SME in the UK has around £75,000 of business savings and is offered less than 1.6% interest on average on this balance by the big banks.

04/30/2024

CaixaBank reports a net profit of €1.01 billion up to March (+17.5%) with increased loan production and customer funds

CaixaBank Group serves 20.1 million customers through a network of over 4,100 branches across Spain and Portugal and has more than €600 billion in assets.

04/29/2024

Lloyd’s of London leans on its unique qualities to ignite growth

To give the market’s stakeholders their credit, they’ve known Lloyd’s needed to change for some time.

04/24/2024

NatWest boss admits ‘unexpected challenges’ for bank in 2023

Rick Haythornthwaite addressed the bank’s shareholders at its annual general meeting on Tuesday.

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