12/06/2019
TSB to adopt Iress' Lender Connect technology
Through Lender Connect, mortgage brokers will be able to securely kick start the mortgage application process and place more cases more cost-efficiently with TSB.
Retail Banking
12/05/2019
Fears on overdraft fees as HSBC hikes rate to 40%
That fee will be abolished, in line with new FCA rules, and the bank said it will introduce an interest-free £25 buffer on Bank Account and Advance accounts.
11/26/2019
Hong Kong Conglomerate Buys Portugese Bank
One of the reasons for the acquisition is the macro trend of the Belt and Road Initiative.
11/25/2019
Virgin Money hit by £450m PPI bill
Blow for challenger bank as it gears up for growth drive
11/25/2019
Germany avoids recession in third quarter as exports grow
Exports rise 1 per cent in the quarter, according to official data
11/22/2019
Bank of Scotland launches guide for Scottish businesses
More than two million new businesses have been created since 2000, and around 400,000 are currently springing up every year.
11/22/2019
Profits fall at Nationwide
Whilst the economic outlook remains uncertain, we expect the current low interest rates and competition in our core markets to continue.
11/21/2019
Best Bank Awards: Danske Bank
Danske is voted Best bank for Scandinavian currencies at the 2019 FX Week Best Bank Awards
11/17/2019
Bank of China brokers deal to buy €155m Goodbody
Chinese will take an initial 75% stake in Irish financial services firm
11/13/2019
ABN AMRO profit falls as bank announces plan to strengthen financial crime detection
Operating income fell to EUR854 million from EUR1.09 billion, ABN AMRO said.
11/08/2019
Crédit Agricole shares fall as French retail banking disappoints
Results for the third quarter and the first nine months of 2019
11/06/2019
CaixaBank opens Barcelona flagship hub
Alongside the visual elements and technology, the “all in one” Barcelona experience is rounded off with a range of services and possibilities that go beyond strictly banking.
10/30/2019
Jyske Bank lowers outlook, rival Sydbank hikes interest rates
It will also initiate a cost-cutting programme, including staff reductions, so costs in 2020 would equal slightly rising costs this year.
10/30/2019
Santander profits take a £169m hit over PPI claims
Pre-tax profits plummeted by 43% to £785m as Santander took a PPI charge of £169m.
10/28/2019
Spain's Bankia says lending income could fall slightly in 2019
On Monday it posted a 23% drop in third-quarter net profit from a year earlier to 176 million euros due to higher litigation and loan loss provisions, slightly above an average of 173 million euros forecast by a Reuters poll.
10/22/2019
European banks run out of options to protect profits
Negative interest rates, new regulations and sluggish economy mean tougher challenges
10/22/2019
Banco Santander sells Puerto Rico unit to FirstBank for €1bn
The transaction is expected to close in the middle of 2020, subject to regulatory approvals.
10/17/2019
Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards
The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online.
10/09/2019
Metro Bank launches new game-changing digital insights tool for businesses
The development comes as part of Metro Bank’s efforts to inject much needed competition into the small business banking market following the £120 million funding it was awarded from the Capability & Innovation Fund.
10/09/2019
CEO of Greece’s Largest Bank Has a Plan to Move Past Financial Crisis
Bank weighs speeding up securitization plan scheduled for 2021