10/27/2021
TSB opens new tech centre in Edinburgh
The new team has already built the digital infrastructure needed to deliver Bounce Back Loan Schemes
Retail Banking
10/24/2021
Co-operative Bank in shock merger approach to rival lender TSB
The Co-operative Bank has indicated to Spain’s Banco Sabadell that it would be willing to pay more than £1bn to acquire control of TSB, Sky News can reveal.
10/22/2021
CaixaBank Signals Exit From $1.92 Billion Erste Bank Stake
Spanish lender may sell part or all of 9.9% Erste holding
10/22/2021
Caixabank Considers Selling 9.92% Stake in Erste Group Valued at $1.92 Billion
The sale of its stake could take place in different steps as Caixabank owns a 5.42% unhedged stake in EBS, which it could sell to certain pre-identified buyers.
10/22/2021
Bank of Ireland buys most of KBC Bank Ireland's loans in €5 billion deal
Today's deal remains subject to regulatory, including Irish competition, approvals.
10/21/2021
Lloyd Bank to close another 48 branches
Lloyds said it is responding to customers using branches less frequently
10/21/2021
Swedbank Q3 profit tops forecast
Swedbank said in a statement its quarterly net profit rose to 5.50 billion Swedish crowns
10/20/2021
Piraeus Bank pursues balance sheet clean up with bad loan sale
The Sunrise II portfolio comprises about 47,000 retail and corporate loans with a gross book value of 2.7 billion euros ($3.1 billion).
10/15/2021
SocGen's retail bank merger points to showdown with unions further down the road
The merger will see Société Générale and Crédit du Nord's combined branch network reduced from around 2,100 to 1,450.
10/07/2021
Hampshire Trust Bank to acquire Wesleyan Bank
The combined business will be led by Matthew Wyles as CEO with Tim Blackwell as CFO.
09/23/2021
Hansard Global: Results for the year ended 30 June 2021
I would like to thank all our employees and distribution partners for their hard work and resilience in delivering this result.
09/23/2021
Lloyds gives users control over contactless limits amid fraud fears
Lloyds says it is responding to customer concerns by introducing new card controls in its mobile app, which will enable users to move the limits in £5 increments of between £30 and £95.
09/10/2021
CaixaBank awarded ‘World's Best Bank Transformation’ by Euromoney
International acknowledgement of one of the main consolidation operations in the financial sector
09/09/2021
Curtis Banks to integrate further with platforms
Its tech team is also developing more adviser tools, though no further detail has yet been given on what these could be.
09/03/2021
Sabadell seeks to cut 13% of workforce in Spain
The actual number of job cuts could ultimately be lower.
08/31/2021
ING Bank Romania gross profit rises 19%
The bank's revenues added an annual 6% in the January-June periof, reaching 1.1 billion lei.
08/31/2021
Italy state-owned bank MCC to access books on Monte Paschi assets -sources
The sources said Mediocredito Centrale was ready to take MPS branches in southern Italy
08/31/2021
KBC Bank Ireland sells substantially all of its remaining non-performing mortgage loan portfolio
KBC Bank Ireland customers do not need to take any action as a result of today’s announcement.
08/30/2021
OTP Bank named Hungary's best digital bank
OTP Bank says that it has always prioritized the migration to digital banking, with almost two million customers already using internet banking and mobile banking applications regularly before the outbreak.
08/29/2021
Sainsbury's in talks to offload banking arm to private equity group Centerbridge
A deal between Sainsbury's and Centerbridge Partners, which could be worth around £200m, is expected in the coming weeks, Sky News learns.