08/06/2018
Ulster Bank will look at more sales of distressed home loans
The bank is under pressure from European regulators to cut its stock of bad loans to around 5pc of all loans by the end of next year.
Retail Banking
08/06/2018
FCMB UK gets approval for personal, business banking
This is in addition to the existing wholesale deposit taking activities, foreign exchange, treasury, corporate banking and trade finance offerings to corporate and institutional customers of FCMB Bank (UK).
08/06/2018
Challenger Bank Launches reverse mortgage in Spain
According to Ángel Cominges, CEO of Óptima Mayores, “Óptima is very pleased to collaborate with Banco BNI Europa, as it is a bank that is committed to financial innovation and is available to explore solutions that meet the need
08/05/2018
Croatia's PBZ to absorb Veneto Banka
PBZ Group runs PBZ Card, PBZ Leasing, PBZ Stambena Stedionica, PBZ Nekretnine, and Intesa Sanpaolo Banka based in Bosnia, as well as Banka Intesa Sanpaolo in Koper, Slovenia.
07/30/2018
‘Low’ US fine fuels hopes for RBS dividend’s return
The Edinburgh-headquartered bank reached a $4.9bn agreement in May in a move which settled the last major claim related to its conduct ahead of the financial crisis.
07/27/2018
Allied Irish Banks reports steady profits as lowers bad loans
Irish banks are under pressure to reduce NPLs which ballooned after Ireland’s property crash
07/26/2018
Saudi British Bank posts half-year net profit of $640m
Saudi affiliate of global banking giant HSBC says profits rose by over 14% during first half of 2018
07/19/2018
European Challenger Bank invests in US consumer loans
This loan purchase programme was implemented by Fintex Capital
07/19/2018
UK holidaymakers hit by £1bn of bank charges overseas
Customers are being encouraged to apply for cards with zero charges to make their holiday money go further.
07/17/2018
Raiffeisen Bank to open new office in Romania's Timisoara
The opening of this banking agency is a first step towards the development of a financial-banking services center in the ISHO neighborhood in Timisoara, the bank added.
07/17/2018
OTP named Euromoneyʼs ‘Best Bank’ in CEE, Hungary
The group posted a corrected, after-tax result of HUF 284.1 billion in 2017, 41% higher than a year before, OTP said.
07/12/2018
Portugal’s Novo Banco completes sale of controlling stake in Cabo Verde bank
This was the second attempt to divest the Cape Verdean bank after having failed to sell to a group of investors led by Portuguese businessman José Veiga in 2016.
07/11/2018
Absa launches new branding, as Barclays ends its 100-year history in Africa
The restructuring started with halving the number of executives at the retail and business banking unit last month.
07/10/2018
Bank of Cyprus to sell UK subsidiary for 117mln euros
It said the accounting profit from the sale is estimated at €3 mln.
07/04/2018
Commerzbank’s head of corporate finance puts his faith in Schuldschein
Commerzbank’s head of corporate finance, Roman Schmidt, speaks to Danielle Myles about the bank’s new approach to coverage, blockchain’s investment banking potential and the Schuldschein market’s ability to reinvent itself.
07/03/2018
SocGen to buy Commerzbank's equity and commodities arm
With a state of the art technology platform, it benefits from significant franchises in diversified and complementary segments.
06/28/2018
Thousands of bank branches could still close costing 12,000 jobs
New research from Which? reveals that 670 branches have already closed this year or been announced to close, and 2018 could eclipse last year for closures.
06/27/2018
Bank of Estonia sets 2018 economic growth forecast at 3.5%
Is quite natural for growth to be slower as there have been fewer unused production resources available with which to grow, and investment statistics indicate that new production capacity is only slowly being added.
06/26/2018
FCMB’s UK Subsidiary Expands Banking Proposition
Our successful UK platform has proven to be of great importance to the Nigeria
06/19/2018
Chetwood Financial gets £150 million from investor Elliott for ‘no hidden fees’ bank
The rationale behind the bank appears more inclusive than traditional banking has been.