10/06/2020
Deutsche Bank CEO Focused on Strategy But Won’t Rule Out M&A
The two lenders briefly held informal talks last year and Sewing, too, privately favors a deal with UBS, Bloomberg News has reported.
Retail Banking
10/01/2020
NAB Announces Analytics Platform For SME Customers
NAB will run a pilot of Pollinate in March 2021 before rolling out the technology across its customer network.
09/30/2020
Germany's Deposit Solutions launches in the US
The US launch comes nearly a decade after Deposit Solutions founded its European platform, which now connects more than 150 banks from 20 countries and exceeded the mark of $30 billion transmitted deposits earlier this year.
09/30/2020
TSB to close 164 high street banks affecting 969 jobs
This means having the right balance between branches on the high street and our digital platforms, enabling us to offer the very best experience for our personal and business customers across the UK.
09/28/2020
HSBC in final talks to sell French retail business at hefty loss
Cerberus and a rival investment firm have told HSBC they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros (US$582.70 million) into the business, sources told Reuters.
09/22/2020
Thousands of Britons living in EU told their UK bank accounts will be closed
Lloyds and Barclays among banks taking action due to lack of post-Brexit trade deal
09/13/2020
British Banks Brace for Deeper Slump by Pulling Mortgage Deals
The headlines mask the looming risks in the wake of a fight for mortgage market share that led to looser home-loan criteria in the past three years.
09/09/2020
EBRD to boost Raiffeisen Bank Albania’s lending capacity
The facility will strengthen Raiffeisen Bank Albania’s capacity to meet the financial needs of selected clients
09/06/2020
Banco Sabadell research a doable merger; BBVA, the chosen one
The corporate chaired by Josep Oliu, the oldest lively banker, has all the time acknowledged taking note of doable unions and now, with the financial disaster brought on by COVID-19, it might be time to take action.
09/06/2020
Wales’ Leading Commercial Brokerage Launch Under New Name
“With the emergence and growth of those teams it has seen our regulated consumer business catch up our investment business, so we took the view to make our name less niche and more in line with our broader offering.”
09/04/2020
CaixaBank named “Best Consumer Bank in the World 2020” and “Best Digital Bank in consumer banking in Spain 2020” by Global Finance
These awards acknowledge and award innovation and excellence within the scope of banking. In addition, the CaixaBankNow app has been chosen the “Best mobile consumer banking application in Western Europe” for the third consecutive year.
09/03/2020
Fee structure helps Curtis Banks weather Covid storm
The provider's Sipp fees are based on a recurring annual fee and a number of additional fixed fees depending on the services provided to the Sipp.
08/31/2020
Cynergy Bank applies for £10 mn grant from the Banking Competition Remedies
Cynergy Bank stated that it will create the UK’s first digital relationship bank for the underserved SME section of the economy.
08/27/2020
Do consumer warnings on financial products work?
The Distance Marketing of Consumer Financial Services Directive has requirements that consumers receive detailed information from financial services providers before a contract is concluded.
08/25/2020
Co-operative Bank to cut 350 jobs
In recent months the bank has not been immune to the effects of low interest rates hitting the income of lenders.
08/18/2020
TBC Bank Announces Unaudited Financial Results
The financial performance measures presented in this report show our reported figures only, while the impact of the above mentioned COVID-19 related
08/12/2020
M&G suffers £7.7bn retail funds outflow in first half
The investment management firm’s assets under management fell by 14% during the economic turbulence.
08/11/2020
Italian bank lending posts biggest rise in 8-1/2 years
Italian bank lending to firms rose sharply in June as businesses resuming activity
08/06/2020
ING posts 2Q2020 net result of €299 million
The impact of Covid-19 was reflected in the higher risk provisioning and goodwill impairments we booked in the second quarter.
08/04/2020
French retail banks need to close branches and slash costs
The digitisation of certain services, enabling physical services to be covered by technology, can lead to an additional saving of €3 billion in France.