06/07/2018
Lloyds sells £335m stake in Standard Life Aberdeen
The bank recently invited fresh bids for the contract, which is one of the biggest fund management contracts ever put up for tender in Europe.
Retail Banking
06/05/2018
UK to sell stake in owner of Ulster Bank
The sale of a 7.7pc stake is being managed by Morgan Stanley, Citigroup, Goldman Sachs and JPMorgan, UK Government Investments, which manages the country's RBS holding, said.
05/28/2018
CYPRUS: To resolve non performing loans we should look to Ireland
As for setting up a secondary market or introducing securitisation, this is for the birds as they say in the UK.
05/21/2018
British lender Hermes to home in on Irish market
The asset manager said that it could not yet confirm the size of the fund or what proportion of it would likely be spent in Ireland.
05/18/2018
Lloyds to Sell $5.8 Billion of Irish Mortgages to Barclays
Barclays likely to sell on loans to investors, person says
05/17/2018
Silicon Valley Bank to open office in Germany with Deutsche alumna
About 50 percent of all venture capital-backed tech and life science companies in the U.S. are among its customers. In the first quarter of 2018, the average credit volume was $23.8 billion.
05/16/2018
The best of the best: RBI 2018 Global Awards winners revealed
It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins.
05/15/2018
Commerzbank first-quarter pretax profit drops on higher costs
Stable revenues of €2.30bn (Q1 2017: €2.39bn) – revenues adjusted for exceptional items slightly higher than in Q1 2017
05/10/2018
Commerzbank has to protect its home turf
Germany’s second-largest bank has been linked to a variety of foreign suitors over the past year, ranging from Unicredit to UBS to Deutsche Bank.
05/09/2018
Intesa Sanpaolo sticks to higher profit pledge after best first quarter since 2008
In recent years Intesa has switched from traditional lending activity to a business increasingly based on fees earned through asset management and insurance.
05/09/2018
Bank of London and the Middle East opens in DIFC
As a branch, BLME DIFC will manage client relationships, on-board new clients and arrange investment opportunities.
05/04/2018
TSB tells customers: ask your local postman what your bank balance is
TSB then posted a tweet on Thursday morning suggesting that customers use the Post Office to cash in cheques, pay in cash or check their bank balances.
05/04/2018
HSBC reports surprise pre-tax profit fall
The bank said revenue in the period rose 6% to $13.7bn.
04/27/2018
RBS more than triples profits while threat of US fines lingers
State-backed bank comfortably beat forecasts
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)