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.
Retail Banking
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.
11/06/2018
Lloyds shakes up workforce as it goes digital
It is understood the bank will not be announcing any further branch closures.
11/04/2018
HSBC and UBS shut offices in Nigeria
HSBC had recently become mired in the country’s political debate.
10/26/2018
RBS beats forecasts but cautions on Brexit uncertainty
RBS reports Q3 Results.
10/24/2018
Metro Bank profits jump 197% as it adds 100,000 new customers
Lender said business and commercial accounts make up the bulk of deposits, which hit £14.8bn in the third quarter
10/22/2018
Lloyds planning £2bn share buyback next year – report
A source told the FT plans were at an early stage, and that no finalised decision would take place until a meeting of the bank’s board in February.
10/15/2018
Barclays to challenge Goldman’s Marcus in US retail banking
Lender to draw on UK experience to target consumers wanting a digital-only service
10/12/2018
Metro Bank rolls out money management Insights
Insights is all about using technology to make customers’ lives easier
10/10/2018
Banca Generali reports September net inflows of €310 million
Assets under Advisory amounted to €2.3 billion.
10/09/2018
Goldman Sachs' new retail bank Marcus has signed up 50,000 UK customers in under 2 weeks
The number of signups has been far in excess of what the bank expected, Des McDaid, who is leading the project in the UK said last week.
10/05/2018
End of Greek cash withdrawal limits credit positive for its banks - Moody's
Improving economic prospects and an increase in private-sector deposits allowed for the easing of capital controls, which will likely strengthen depositors’ confidence and help banks further improve their funding profiles, a credit positive
10/01/2018
A Mega Bank Just Joined the Euro Zone; It's Too Big to Fail
In an interview with Bloomberg Television on Monday, von Koskull said growing through European acquisitions isn’t on his agenda.
09/30/2018
Sberbank: the bank trying to shape Russia’s future
The Kremlin’s largest lender is diversifying under Putin ally Herman Gref, but the threat of more sanctions makes investors nervous
09/25/2018
Green Mortgages on Tap From Banks Funding Climate Investment
During the tests, banks will consider offering discounted green mortgages to customers willing to spend extra on upgrading properties
09/20/2018
A New CEO Plans Big Cuts to Mend Deutsche Bank
Christian Sewing knows how to bring down expenses, but some say he lacks a grand vision.
09/18/2018
Romanian state bank aims to buy private bank’s retail license
By acquiring the Banca Romaneasca license, Eximbank would be able to start drawing deposits and to also finance individual clients.