04/27/2018
RBS more than triples profits while threat of US fines lingers
State-backed bank comfortably beat forecasts
Retail Banking
04/26/2018
Diamond Bank ends UK operations
The transaction followed the bank’s divestment from its West African business, Diamond Bank S.A., which was completed in November 2017.
04/24/2018
TSB chaos as glitch hits bank accounts
However, a message on its website yesterday said there were still ‘intermittent issues’. The bank said it was ‘working as hard and as fast as we can to get these up and running’.
04/17/2018
Deutsche Bank said to shelve $4.6 billion India portfolio sale
Deutsche Bank has called off talks to sell its retail, private wealth businesses in India to IndusInd Bank after former CEO John Cryan stepped down this month
04/16/2018
Metro Bank Provides 15 Million Ease Social Housing Crisis
The group develops high-quality homes in both the private and social sectors, as well as offering award-winning rental and management services.
04/10/2018
RBI agrees to sell Polish subsidiary’s core banking operations
This is based on the tangible book value of the core banking operations of approximately EUR 815 million as of 31 December 2017 and is subject to closing accounts.
04/09/2018
The Access Bank UK Reports Profits for the 4th Consecutive Year
First year profit covering all direct costs for DIFC Branch recorded at £671k (AED 3.4m)
04/06/2018
BANCO BNI EUROPA grows significantly in 2017
Net income reached € 2.3M, increasing regulatory capital to € 23.3M and the solvency ratio comfortably above the statutory limit at 13%.
04/03/2018
UK banks sell asset-backed securities at fastest rate in years
Withdrawal of BoE programme forces lenders to find alternative funding
03/28/2018
NBU rejects Belarusian bank's motion to acquire Russian Sberbank's Ukrainian subsidiary
The decision is due to the applicant's incompatibility with the Ukrainian legislation requirements.
03/28/2018
RBI is "Best Bank in Central and Eastern Europe"
The renowned financial magazine awarded this prestigious regional title to RBI for the twelfth time in the last 15 years.
03/21/2018
Virgin Money to offer asset management service after signing joint venture
Newcastle bank has signed a partnership deal with Aberdeen Standard Investments to offer an asset management service
03/20/2018
Aldermore to push into business banking following FirstRand takeover
However Mr Monks said the lender had already identified lending to small and medium sized enterprises (SMEs) as an early priority.
03/20/2018
RBS works up plans for standalone digital bank
How RBS might brand and position any digital bank is unclear.
03/16/2018
Romanian Banca Transilvania gets approval to buy Greek Eurobank's Bancpost
Greek banks have been divesting assets and foreign subsidiaries to focus on their domestic market under a restructuring drive.
03/14/2018
Raiffeisen 2017 profit soars; resumes dividend
RBI targets a consolidated return on equity of approximately 11 per cent in the medium term.
03/14/2018
LHV Bank opens a branch in London
LHV Bank will open the branch in London in order to develop the bank’s financial service providers business line.
03/02/2018
Private owner group to acquire Germany’s HSH Nordbank for €1bn
“This will open up new opportunities for us to compete in the market without any current EU restrictions.”
03/02/2018
Unions approve Societe Generale's French retail job cuts plan
Last month, Societe Generale reported an unexpected profit in the fourth quarter, beating forecasts that the French bank would make a loss partly due to tax-related charges and restructuring costs.
03/02/2018
Raiffeisen Profits Surge
As in previous years, the annual RBI Investor Day for institutional investors and analysts will be held in London on 15 March 2018.