01/04/2019
Sociéte Générale’s Contemplated Sale of Euro Bank to Bank Millennium
Sociéte Générale will continue to provide corporate and investment banking services in Poland through its Global Banking and Investor Solutions business
Retail Banking
01/04/2019
State-owned German banks end merger talks as buyout firms circle
Frankfurt-based public lender Helaba terminates discussions with state-owned NordLB
12/28/2018
HSBC leaves customers waiting for data reforms
HSBC will be subjected to extra monitoring and, if the situation deteriorates, an external consultant could be appointed to oversee the process.
12/23/2018
Another 772 bank branches bite the dust in 2018 as more customers access their accounts online
Writing for The Mail on Sunday today, Joe Garner, chief executive of Nationwide Building Society, says: ‘There is no reason that we can’t have branches and new technology.’
12/20/2018
RBS cuts pay of first female finance chief: She'll earn up to £400k less than male predecessor
Gender equality campaigners said Murray should get the same as her predecessor
12/17/2018
Revised budget deficit positive for Italian banks, but headwinds still threaten
The material widening of sovereign and other Italy-related spreads on the back of political uncertainty came at a highly inopportune moment for the country’s banks.
12/14/2018
Barclays branch closure is a 'great blow' to the town
THE closure of Barclays in Bridport is a ‘great blow’ as customers decide to move to a ‘safer’ bank.
12/10/2018
RBS bosses launch probe into 'culture of bullying' at bank
Staff at the state-backed lender have allegedly been subjected to persistent intimidation, threats and humiliation.
12/06/2018
HSBC team relocates in Oxford
"We have ambitious growth plans in the region and this new office is a great base for our expanding team of relationship managers."
12/05/2018
Barclays set to close its operations center in Lithuania, to lay off some 260 people
Barclays said the changes in Lithuania are part of an expansion of its strategic relationship with HCL, which becomes the bank's IT services partner worldwide.
12/05/2018
Luminor to close down bank accounts of e-residents ignoring due diligence
We always remind clients via various channels (email, mail, phone, online bank) to update their information
12/03/2018
Hungary banking group Takarek aims to create universal bank
Takarek Group posted a loss of 12.3 billion forints under Hungarian accounting standards last year despite a general economic upswing and a boom in lending, which has bolstered the profitability of most lenders in Hungary.
11/27/2018
KCB joins global banks in responsible banking initiative
Launched in Paris, the 28 founding banks set out a clear purpose for the banking industry itself, and enable investors, policy makers and regulators, clients and civil society to compare banks and hold them accountable for their environmental, social and
11/23/2018
Dexia bank receives final bids for German unit
After selling all of its active businesses, the bank that was once the world's largest lender to municipalities and governments has been left holding a large pile of outstanding bonds and loans which the management team is now unwinding.
11/22/2018
UK bank Rosette launches Islamic capital markets unit
This new division will have a particular focus on enabling UK public bodies access to the Islamic Capital Markets with a global reach.
11/22/2018
Nationwide profits dented by technology investment
British banks have reported tighter margins in recent weeks, as growing competition and falling demand for mortgages have hit their rates.
11/22/2018
UK challenger bank to launch business current account
Following in the wake of Starling and RBS’s digital entity Mettle, UK challenger bank Monzo plans to unveil a business current account.
11/21/2018
Goldman's digital retail bank has won over 100,000 UK customers with the promise of higher interest rates
Goldman Sachs' online retail bank "Marcus" has "exceeded every expectation" in its debut in the U.K., its managing director told CNBC.
11/20/2018
RBS kicks off wave of digital bank offshoots
Mettle starts digital-bank spawn from leading UK lenders; new IT system to enable more user-friendly design.
11/08/2018
Commerzbank third-quarter net profit slides 53 percent but outlook unchanged
Stephen Engels, the bank's chief financial officer, told CNBC that the bank's strategy was the right one despite strong competition.