11/16/2017
UK’s worst manager shuts up shop
We have monitored the overall investment in the fund and have concluded it is below the minimum sustainable value.
Retail Banking
11/15/2017
Russia's Sberbank reports record net profit in Q3
Higher fee income and lower interest costs also bolstered the results
11/15/2017
Traveler-Friendly Bank N26 Will Soon Launch In The UK And USA
It was a number of things.
11/14/2017
Co-op Bank Offers Older Borrowers With Interest-Only Mortgages Equity Release Deals To Get Out
Co-op Bank Has Struck A Deal To Offload Customers Over The Age Of 55 Who Have Interest-Only Mortgages But Cannot Afford To Repay Them
11/12/2017
Bank Of Scotland PMI Finds 'Positive Start' To Quarter
Employment Across The Private Sector Increased
11/10/2017
Bank of Ireland admits it denied another 6,000 customers tracker rates
The 6,000 cases are in addition to 4,300 cases already admitted to by the bank.
11/09/2017
ING, a Dutch bank, finds a winning digital strategy
An approach that came unstuck in the crisis has provided the foundation for success
11/08/2017
Banca Generali reports €147.4 million net profit for the first nine months of 2017
Improved economic conditions and the unique nature of our advisory and service model continue to drive our commercial development, which we expect will continue in the coming months.
11/08/2017
Norway’s core inflation likely to have accelerated slightly in October – Nordea Bank
Service inflation has been rather stable.
11/07/2017
Intesa’s Banks Rescue Can’t Knock Profit Growth Off Track
Loan-loss provisions declined to 643 million euros in the quarter from 917 million euros a year earlier.
11/06/2017
Aldermore board recommends £1.1bn FirstRand deal
The offer also implies a multiple of 1.8 times Aldermore’s reported net tangible book value of £607.1m as of September 30, FirstRand said.
11/06/2017
Aldermore agrees to £1.1bn takeover by South Africa's FirstRand
FirstRand's UK arm Motonovo, a Cardiff-based motor finance company, will be folded into Aldermore and Mr Monks will keep his role.
11/02/2017
Danske Bank Beats Q3 Expectations, Raises Guidance, Shares Up
Q3 Pretax Profit 6.2 Bln DKK vs 5.9 Billion Expected In Poll
10/30/2017
RBI concludes cooperation agreement with Banco Santander
First business transactions under the cooperation agreements have already been signed.
10/30/2017
Germany considers new attempt to sell Dublin-based Depfa Bank
Depfa executives and FMS-WM believe sale of licensed Irish bank could play into Brexit shakeout
10/30/2017
CBC and commercial banks support the creation of a “bad bank” in Cyprus
There is no magic bullet to reduce NPLs
10/27/2017
RBS swings into profit as bank seeks to draw line under financial crisis
The third successive quarter of profit
10/27/2017
Banking Fail HSBC Suffers Online Banking Glitch Leaving Customers Locked Out Of Accounts
HSBC Bank Customers Were Locked Out Of Their Online And Mobile App Accounts Due To A Possible Glitch
10/27/2017
A Merger Worth €900 Million in Savings
The upcoming merger of two German banking giants will reap big synergies – and untold job cuts.
10/26/2017
Lloyds Not ‘Compelled’ By Government To Acquire HBOS
Lloyds Bought HBOS At The Height Of The Banking CrisisLloyds Bought HBOS At The Height Of The Banking Crisis