03/02/2017
BNP Paribas Wants to Innovate Smarter and Harder
Startups don’t have the data we have, and for them it is pretty expensive.
Retail Banking
03/01/2017
Harrods Bank implements Temenos T24 core banking system
Harrods decided to replace it with FIS’s Profile core banking system.
03/01/2017
Bank of Latvia proposes to reduce personal income tax to 20%; reform corporate tax system
Latvia’s tax burden is one of the lowest in the EU – in 2016 it was about 30 percent of the gross domestic product.
02/28/2017
Barclays Africa ‘divorce settlement’ is not a sale deal
The British bank’s sell-down of its majority stake in its African subsidiary is still some way off.
02/28/2017
‘Crackers’ house-buying process needs industry response: Atom Bank
Harris says that open banking, which will be driven by the Revised Payment Service Directive (PSD2) from 2018, could help drive change.
02/27/2017
Bank of Ireland €1bn tech plan to strengthen acquisition clout
Our IT investment gives us an optionality.
02/27/2017
If Co-operative Bank is taken over are there other ethical alternatives?
The source of the latest capital injection could prove less appealing.
02/27/2017
Intesa Abandons Plans to Buy Generali
The bank said it would continue to expand its wealth management business and develop non-life insurance to the same level of its life business.
02/23/2017
Lloyds a compelling story
The last time it generated this kind of earnings figure was over ten year ago in 2006.
02/23/2017
Lloyds Banking Group posts highest annual profits for a decade
The lender owned by taxpayer reveals results
02/22/2017
French bank BPCE targets 1 billion euros of annual cost savings by 2020
The plan to merge and simplify the organizational structure of its regional banks would result in 750 million euros of “cost savings in a full year by the end of 2020”.
02/22/2017
Lloyds profits more than double to £4.2bn
Bailed-out bank increases bonus pool and will pay special dividend as it shrugs off effects of Brexit vote
02/22/2017
Metro Bank closes in on first ever profit as customer account numbers surge
The first new retail UK retail bank in a century has sought to take away business from Lloyds, HSBC, Santander, Barclays and RBS
02/21/2017
RBS required to fund £750m to challenger banks
The global banking firm will help smaller banks expand what they can offer to start-ups and small businesses.
02/21/2017
NatWest bank introduces ‘Esme’ lending platform to cope with fintech firms
Fintech startups hover over in order to increase their share in the lending sector.
02/20/2017
Russia seeks to implement Islamic finance in its banks
Russia is hoping to implement Islamic Finance system in its banks
02/20/2017
RBS plans fintech fund to stimulate banking competition
Fund is part of a plan drawn up by RBS as an alternative to the sale of around 300 branches to satisfy a condition of its 2008 bailout
02/16/2017
Low interest rates squeeze profits at Crédit Agricole
The results highlight how retail focused European banks are struggling
02/15/2017
Co-op Bank looks to pension change to help boost capital
Ranking fund as preferred creditor would give it priority in case of collapse
02/15/2017
Credit Agricole seeks to reassure over French retail bank unit after writedown
Brassac added that efforts made by the bank to maintain and develop its customer base in a highly competitive environment would pay off in coming quarters, especially given the very slow but gradual rise in interest rates.