08/04/2022
Rising interest rates lift Commerzbank profits
German bank earns €470m net profit in Q2 compared to €527m net loss last year
Retail Banking
08/03/2022
Co-operative Bank shifts treasury operations to the cloud
The shift to the cloud is expected to provide a modern, scalable and cost-efficient ownership model as well as access to ongoing upgrades and innovation, says treasury manager Gary McDermott.
08/02/2022
Open banking One offers account aggregation with Nordigen
To bring their idea to life, Cabora Technologies decided to partner with Nordigen to utilise safe and secure bank connections on offer through their dedicated APIs.
08/01/2022
UK Bounce Back Loan data puts Metro Bank and other lenders in the spotlight
While Starling Bank has been under fire from Lord Agnew for its BBLS performance, new figures put it in the middle of the pack.
07/29/2022
Bank Generali: PR: 1H 2022 Results
Net profit: €131.3 million
07/28/2022
Lloyds restructure costs up £37mn after Embark deal
The bank's operating costs also increased by £53mn between January and June this year, up 11 per cent on last year.
07/27/2022
Shop price inflation rises to 4.4% in July - the highest rate since 2005
Households and businesses must prepare for a difficult period as inflationary pressures hit home, says the chief executive of the British Retail Consortium.
07/27/2022
Paragon Bank hits milestone £10bn in savings deposits
The achievement comes eight years after the bank launched its first savings account and as it approaches 250,000 customers.
07/26/2022
TSB to hand out £1,000 cost-of-living bonus to 4,500 staff
The money will be paid in two stages – the first in October and the second next February.
07/26/2022
Lloyds Banking Group to close a further 66 branches from October - here's a full list, plus alternative options
The banking group said visits to the latest 66 branches due to close have fallen by 60% on average in the past five years.
07/20/2022
NatWest establishes NatWest Bank Europe GmbH in Frankfurt
New European entity will be fully operational later this year
07/19/2022
UBA Group Expands Operations to EMEA, Launches New Branch in Dubai
The UBA branch in the DIFC would service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services.
07/14/2022
Barclays to close more branches
Since the start of 2022, the bank has already closed dozens of its branches.
07/01/2022
Unicredit sells non-performing loans portfolio to Illimity
The sale is part of UniCredit's on-going strategy to reduce non-performing exposures.
06/30/2022
Saxo Bank named Best Prime-of-Prime Broker and Best Retail FX Platform at the FX Markets e-FX Awards 2022
For the 20th edition, the FX Markets e-FX Awards held in London recognise the dedication, skill and creativity that market participants pour into the growing, changing world of electronic foreign exchange trading.
06/17/2022
Deutsche Bank installs app on bankers’ phones to track private messages
Movius software to monitor calls and texts following widespread regulatory probes of inappropriate contact
06/15/2022
Allica Bank scores £55m in debt and equity
In addition, the lender can draw on the £30 million capital facility from British Business Investments - a wholly-owned commercial subsidiary of the British Business Bank.
06/10/2022
EBRD and ProCredit Bank support small businesses in Serbia
SMEs account for the bulk of all enterprises registered in Serbia and are the engine of the country’s economic growth.
06/07/2022
BCI Group – Banque pour le Commerce et l’Industrie announces the acquisition of CapitalCompliance and CapitalDigital from Capital Banking Solutions
Our digital solutions will allow the BCI’s customers to access their accounts, directly from home.
06/06/2022
Clearco continues European expansion with launch in Germany
The lender pledges €500m to support the German economy.