06/08/2020
LHV Pank and Danske Bank have reached an agreement on the price of the transaction, according to which a discount of 19 million euros will be subtracted from the volume of the portfolio
06/04/2020
The 15 offices are predominantly in central and eastern Europe including Poland, Turkey and Russia.
05/29/2020
Chief executive Joe Garner said, “While the coronavirus impacted our profitability in the last few weeks of the year, there was pressure on margins even before it hit.”
05/26/2020
It is understood the board's review of what is already the biggest overhaul in the bank's 155-year history will involve deeper job cuts.
05/25/2020
UX expert Peter Ramsey from Built for Mars has investigated whether these new entrants do actually make the process of opening an account better.
05/19/2020
In January, the chief financial officer of Commerzbank, former McKinsey partner Bettina Orlopp, announced that the bank had hired Bain & Company to identify an additional €500 million in savings
05/15/2020
TCS, the parent company of Tinkoff Bank, had previously said it expected annual net profit to increase to 42 billion roubles - another record - from 36.1 billion in 2019.
05/13/2020
While the regulation was designed to facilitate open banking, the market demand was uncertain.
05/04/2020
Lenders take diverging approaches in making provisions for coronavirus damage
04/30/2020
CaixaBank has deployed an extensive package of measures to support the needs of both businesses and individuals.
04/30/2020
Lloyds is viewed as a bellwether for the British economy, as the country’s largest provider of home loans and one of its biggest backers of businesses.
04/29/2020
The permissioned solution uses R3’s enterprise blockchain Corda which enables only the two participating banks to share the transactions with each other.
04/28/2020
Most of that has been customers seeking repayment holidays.
04/24/2020
Meanwhile, the coronavirus raises the prospect of loan losses and credit impairments for banks, as businesses shut their doors and lay off staff.
04/12/2020
The deal had been discussed for several months but has now been rushed through as a way of pumping through more cash from the National Welfare Fund into the budget in the midst of the economic meltdown caused by the double whammy of the collapse of oil pr
04/08/2020
For applications with bonus, commission or overtime income, 50 per cent of the bonus, commission or overtime averaged over the past two years will be used in the affordability assessment, and the past two years’ P60s will be required as evidence.
03/29/2020
The need for steep cuts at European banks is more acute, where such measures are a major piece in their plans to restore lacklustre profitability or bolster shareholder payouts
03/25/2020
Challenger banks are still finding their business models and Open Banking services have hardly become mainstream yet.
03/24/2020
Consumers who need to spend more than 45 pounds will still be able to use chip & pin cards and contactless payments via mobile phone, which are not limited because they use biometric technologies to verify the presence of cardholders.
03/18/2020
Confirmation of Payee is being rolled out over the next month by banks