10/19/2017
Ulster Bank Turns To AI To Understand Customers Better
Artificial Intelligence Technology Is Helping The Tank Work Out What People Want
Retail Banking
10/13/2017
OakNorth joins unicorn club with £154m funding round
Launched in September 2015, the bank has a loan book of over £800 million and claims to have helped with the creation of over 3000 new homes and 2000 new jobs, adding £3 billion to the UK economy.
10/10/2017
Banca Generali reports net inflows € 386 mln in September
Total assets in wrapper products are estimated at €11.3 billion for the first nine months of the year.
10/10/2017
Spain's Santander raises 2018 profitability target
Santander is struggling to increase earnings from its lending business in Spain where interest rates hover at historic lows and increasing competition is eroding margins.
10/05/2017
France nudges BNP Paribas towards Commerzbank tie-up
He would not be drawn on the shape of any such tie-up especially since nothing has been made official.
10/05/2017
Metro Bank reviews possible second charge market entry
But if there isn’t we won’t go there.
10/04/2017
Starling Bank becomes latest challenger to launch business account
In a market dominated by new entrants, Starling Bank has followed up what it it called Britain’s first mobile-only current account with a business offering.
10/03/2017
Nordea and DNB unite in the Baltics as Luminor Bank
The bank intends to list on a stock exchange in due course.
10/02/2017
CEO of Hungary's Top Bank Vows to Buy Five Lenders by 2019
The acquisition plans come on top of the three banks OTP has agreed to buy in the past year.
09/27/2017
A decade on from disaster, Austrian bank BAWAG plans IPO
Our planned listing will be a major milestone for BAWAG Group
09/21/2017
Italy's UniCredit signals interest in deal with Germany's Commerzbank
UniCredit has been in touch with the German finance ministry.
09/20/2017
Russia’s banking woes mount as state-run firms withdraw billions
Credit Bank of Moscow chief executive Vladimir Chubar said the withdrawals were made by one large state-run organization after the bank withdrew its rating from Expert RA, a Russian agency, this summer.
09/20/2017
Apollo considers higher bid for Slovenian bank: report
Apollo was not available for comment while Gorenjska and its biggest shareholder Sava said they could not give details on the sale process.
09/18/2017
Nordea Faces Client Mutiny in Sweden as Bank Moves Headquarters
The decision means Sweden’s regulator will no longer have full control over Nordea’s Swedish operations.
09/15/2017
Russian lenders Promsvyazbank and Vozrozhdenie plan to merge
A Promsvyazbank spokeswoman said details of the merger have not yet been finalised.
09/14/2017
Santander is frontrunner for Deutsche's Polish assets
Millennium bcp said in July its Polish bank had gone through to the second phase of the sale process.
09/13/2017
London's Metro Bank secures £18m investment for Charterhouse
Patrick Hanlon, director at Charterhouse, commented: “Charterhouse required a banking partner to assist us with the rationalisation of our mortgage lending for the commercial element of our portfolio."
09/12/2017
Billionaire to buy Credit Agricole's $1.5bn Banque Saudi Fransi stake
The deal will give Kingdom Holding a 16.2 percent stake in Fransi, making Alwaleed the biggest single investor
09/11/2017
Goldman Sachs to take on UK retail banks
Now Goldman is taking it international, aiming to launch an online deposit business in the UK about the middle of next year.
09/11/2017
Scotland's private sector growth 'slows down'
Job creation also remained strong, with many panellists reporting that salaries were being pushed up as a result of the tight labour market.