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UniCredit Shares Fall on 2Q Results

The Italian bank, which is in the last months of its three-year strategic plan, said that it now sees revenue at 18.7 billion euros

German Challenger Banks Target Firms as Competition Heats Up

Deutsche Bank started a digital bank targeting similar market

Brokers concerned about lenders pulling back

Even firms that used to be looking for lending all the time, it feels like they are looking for a reason to reject it.”

RBS hands Treasury £1bn in dividends as profits surge

The bank says Brexit uncertainty is continuing to hold back demand but it maintains its full year guidance to investors.

Sberbank dodges Brexit risks by opening Cypriot London branch

“If the company loses its ability to ‘passport’ freely into EU countries, it would be prevented from accessing its EU-domiciled clients,” explained Sberbank UK chief in the filing.

Sberbank dodges Brexit risks by opening Cypriot London branch

If the company loses its ability to ‘passport’ freely into EU countries, it would be prevented from accessing its EU-domiciled clients,” explained Sberbank UK chief in the filing.

Platforms may be forced to favour high net worths due to incoming 10pc rule

Official statistics indicate that most UK adults do not have this amount of money to invest, which could effectively bar them from certain platforms.

Bank of Ireland reports lower first-half profits but meets key targets

Bank of Ireland, like all Irish banks, is under pressure from the European Central Bank to reduce bad loans which ballooned after Ireland’s property crash.

Masding buys shares in Permanent TSB

Profits were whittled down by exceptionals including €14m in respect of its restructuring programme and a €3m charge related to its €21m fine from the Central Bank's investigation into the tracker mortgage scandal.

Metro Bank in talks to sell loan portfolio amid concerns about financial position

The bank has bought more than £1bn in assets from Cerberus in recent years.

First Bank completes takeover of Bank Leumi Romania

First Bank received Romania's anti-trust body's nod for the deal in June, two months after it announced plans to acquire 99.9235% of Bank Leumi Romania for an undisclosed price.

Bank of Ireland sells UK credit card portfolio to London startup Jaja for £530m

The finance firm said it wanted to become a key player in the UK credit card market and that this move was part of a wider strategy to do that.

Britain's HSBC to help modern slaves 'rebuild lives' with bank access

Banks usually require proof of address and identity documents, like passports, to open accounts, which can exclude victims of slavery and trafficking who may have had these documents confiscated or live in safe houses.

RBS expects capital boost from Saudi bank merger

RBS said the merger would increase its Common Equity Tier 1 capital ratio--a key measure of balance-sheet strength--by 60 basis points compared with its position as of March 31.

'Bad bank' repays £50bn bailout loan

Northern Rock imploded when the credit crunch struck, as it was then deprived of cash on the international money markets, which it had used as a source of funds to lend to homeowners.

Why Capital Group has no time for 'big name stars'

Raising the group's profile in the UK

Tesco Bank exits mortgage market

The sale process will remain confidential until a transaction is confirmed and the bank said there would be no changes to customer accounts as a result of the lender’s exit from the mortgage market.

Metro advisers rake in £13m fees

The banks did not agree a minimum price for the underwriting, lessening their risk of ending up with unwanted stock.

Danske dumps $4.5bn in kroner as part of bank’s hedging plan

Danske’s assets are equivalent to roughly 1 1/2 times Denmark’s gross domestic product.

Metro Bank’s woes are a warning: watch the metrics

When a single number becomes all important investors should be wary

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