07/29/2020
Deutsche Bank posts second-quarter net loss
Pre-tax profit of 753 million euros, versus loss in prior year quarter
07/29/2020
Pre-tax profit of 753 million euros, versus loss in prior year quarter
07/20/2020
Cerberus sought to invoke quicker change at Commerzbank, which rejected its demand for two supervisory board seats.
07/10/2020
Monument estimates that there are around 3.5 million “mass affluent” people in Britain with a combined £200bn in cash between them.
07/08/2020
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07/02/2020
In bringing on board both sides of the value equation, we’re a huge step closer to achieving this goal.
06/12/2020
The remainder of the letter was devoted to how Revolut was going to make more money from serving its clients.
06/08/2020
LHV Pank and Danske Bank have reached an agreement on the price of the transaction, according to which a discount of 19 million euros will be subtracted from the volume of the portfolio
06/04/2020
The 15 offices are predominantly in central and eastern Europe including Poland, Turkey and Russia.
05/29/2020
Chief executive Joe Garner said, “While the coronavirus impacted our profitability in the last few weeks of the year, there was pressure on margins even before it hit.”
05/26/2020
It is understood the board's review of what is already the biggest overhaul in the bank's 155-year history will involve deeper job cuts.
05/25/2020
UX expert Peter Ramsey from Built for Mars has investigated whether these new entrants do actually make the process of opening an account better.
05/19/2020
In January, the chief financial officer of Commerzbank, former McKinsey partner Bettina Orlopp, announced that the bank had hired Bain & Company to identify an additional €500 million in savings
05/15/2020
TCS, the parent company of Tinkoff Bank, had previously said it expected annual net profit to increase to 42 billion roubles - another record - from 36.1 billion in 2019.
05/13/2020
While the regulation was designed to facilitate open banking, the market demand was uncertain.
05/04/2020
Lenders take diverging approaches in making provisions for coronavirus damage
04/30/2020
CaixaBank has deployed an extensive package of measures to support the needs of both businesses and individuals.
04/30/2020
Lloyds is viewed as a bellwether for the British economy, as the country’s largest provider of home loans and one of its biggest backers of businesses.
04/29/2020
The permissioned solution uses R3’s enterprise blockchain Corda which enables only the two participating banks to share the transactions with each other.
04/28/2020
Most of that has been customers seeking repayment holidays.
04/24/2020
Meanwhile, the coronavirus raises the prospect of loan losses and credit impairments for banks, as businesses shut their doors and lay off staff.