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.
Retail Banking
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
10/26/2017
TSB prepares to unveil new banking platform
The new platform will position TSB well to compete for one of the grants from the Capability and Innovation Fund recently announced by the UK Government.
10/25/2017
Lloyds Banking Group reports Q3 profit surge
The bank notes Q3 statutory profits more than doubled to £1.95bn
10/25/2017
Metro Bank's profits rise 77 per cent
Chairman and founder Vernon Hill who has founded this dog-friendly bank says they are creating a ‘revolution’ in British banking.
10/24/2017
Commerzbank hires advisers as takeover interest builds
German lender is working with Goldman Sachs and Rothschild as European rivals circle
10/24/2017
UniCredit accidentally releases Q3 results
Having realized the erroneous publication of data.
10/24/2017
Investors skeptical as Polish banks moot merger plan
It would probably mean significant job cuts
10/22/2017
Bank of Ireland buys portfolio of 1,000 mortgages
Seen & Heard: Relm to get fresh €100m in backing and Conroy launches new fund
10/22/2017
Workers at Deutsche Bank’s Postbank may strike in wage row
Verdi is demanding that Postbank extend job guarantees until 2022
10/19/2017
Bank Customers At Risk From Authorised Payments Scams, MPs Told
Bank customers Are Increasingly Becoming Victims Of Authorised Push Payments
10/19/2017
Ulster Bank Turns To AI To Understand Customers Better
Artificial Intelligence Technology Is Helping The Tank Work Out What People Want