11/22/2022
NatWest client angry after account frozen twice
The customer, who had first contacted FTAdviser two years ago when the first freeze happened, came back to FTAdviser a week after the accounts were frozen this time round.
Retail Banking
11/16/2022
Deutsche Bank to Search Former Exec’s Emails in Derivatives Spat
Louise Kitchen left German lender for Credit Suisse last year
11/15/2022
Barclays to hand homeowners up to £2,000 for going green in their homes
The bank will pay out for its mortgage holders to make efficiency improvements to their homes
11/04/2022
Societe Generale: Third quarter 2022 earnings
Good cost control, limited increase in operating expenses (+1.5% vs. Q3 21 published, +2.0% underlying)
11/04/2022
CaixaBank named 'Best Performing Bank in Europe 2022' by The Banker/PWM (FT Group)
This new award was created by the magazine using an algorithm that takes into account many quantitative indicators, such as earnings, profitability, asset flows and sector ratios like the number of clients per adviser, among many others.
11/02/2022
Profits under pressure at French banks as strong earnings run hits headwinds
The French lenders have enjoyed a bumper period for profits since they suffered a severe hit to income at the outset of the COVID-19 pandemic in 2020.
10/25/2022
Royal Bank of Canada plans push into UK commercial banking segment
RBC is claimed to be the largest bank in Canada in terms of market value.
10/24/2022
Poland's Bank Millennium third-quarter results hit by payment holidays
Bank Millennium said the cost was estimated at 1.423 billion zlotys ($292.16 million) before tax, and 1.153 billion zlotys after tax.
10/21/2022
NatWest and Vodeno create strategic partnership
NatWest Group plc and the Vodeno Group enter into a strategic partnership to create Banking-as-a-Service business
10/12/2022
Barclays launches free cashback without purchase service across the UK
The new service allows businesses with a Barclaycard Payments terminal to offer customers of any bank with a Visa or Mastercard debit card up to £100 per day, without needing to make a purchase.
10/12/2022
Barclays to make available additional liquidity to support LDI counterparties
Barclays and each LDI counterparty will act on a bilateral, arm’s length basis as principals under a repurchase agreement on commercial terms to be agreed including size, price, margining and termination provisions.
10/07/2022
Position of the Spanish financial sector in a more complex macro scenario
Although the starting point of the banking sector is positive, the Governor recommends banks to be prudent and have a very careful provisioning policy and capital planning in the coming quarters.
09/29/2022
Chase hits 1 million UK customers, reveals Nutmeg investments and credit cards are coming
Nutmeg will form part of an “extended investments offer” for Chase customers.
09/28/2022
Neuberger Berman launches European private loan fund
The regional banks will originate loans and co-invest as lender and servicer while Neuberger Berman will play an active role in arranging transactions.
09/28/2022
Barclays cuts business banking hours to adviser’s dismay
“It’s already hard enough trying to get through to Barclays on the phone and surely this will only be exacerbated in the future.”
09/27/2022
InvestEU in France: Loxam receives €130 million loan from the European Investment Bank to support its energy transition
The loan is designed to support the implementation of its energy transition and corporate social responsibility commitments.
09/27/2022
Bank will 'not hesitate' to raise interest rates after pound's fall
Earlier on Monday, some UK lenders said that they were halting new mortgage deals.
09/27/2022
British Business Bank expands start up loans programme in Wales
First and second loans will be available to businesses that have been trading up to three or up to five years
09/23/2022
Bank of Ireland returns to full private ownership
The Government said on Friday it had recovered almost €6.7 billion in cash from its €4.7 billion investment in and support for the bank between 2009 and 2011.
09/22/2022
Citigroup plans to wind down UK retail bank as part of strategic refresh
Retail banking typically has a lot worse margin profile than wealth management.