12/01/2017
Nordea Bank’s 6,000 Job Cuts Are Just the Beginning, Union Says
At Sweden’s Civilekonomerna union, Head of Negotiation Mikael Andersson says employees at other banks should gird for similar developments.
Retail Banking
12/01/2017
Banco Popular agrees to sell TotalBank to BCI
BCI will acquire TotalBank for a consideration of approximately $528 million, subject to regulatory approvals and other usual conditions.
12/01/2017
RBS axes further 259 British branches as lender expands e-banking
The latest round of closures at the Edinburgh-based bank follow 180 announced in March
11/30/2017
Revealed: UK High St in CHAOS as THESE 49 major bank branches set to CLOSE
A Major UK bank has announced it’s closing nearly 50 branches across Britain.
11/29/2017
France's BPCE targets revenue growth, online banking drive
The head of Natixis said on Wednesday that it was considering various options for its equity brokerage division.
11/22/2017
UK's 15-billion-pound RBS sale to boost government coffers
RBS has reported losses of more than 58 billion pounds since 2008
11/20/2017
BNP CEO plays down big merger speculation
Several people close to the matter said last month that Commerzbank was working with two investment banks
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.
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