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Retail Banking

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.

09/13/2022

Aena signs a €650 million sustainable syndicated loan facility led by CaixaBank

This is the second sustainable syndicated loan entered into by Aena and one of the most significant in Spain this year.

09/06/2022

HSBC names new team of dealmakers for private markets drive

A slump in equity capital markets deals in 2022 has made private markets teams more integral to banks

09/05/2022

Lloyds: almost 9 in 10 card payments now contactless

The growth of contactless has been accelerated by the Covid-19 pandemic, which prompted the limit to rise from £30 to £45 and then again to £100.

09/02/2022

NatWest getting big boost from cash sitting in ring-fenced deposits, says Goldman Sachs

The UK bank remains on Goldman's conviction buy list

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