06/22/2017
KBC may sell troubled Irish mortgages to draw line under crisis
Belgian group affirmed its commitment to Ireland in February after years of speculation
Retail Banking
06/22/2017
BNP Paribas to cut jobs in revamp of French retail banking arm
BNP Paribas said it was discussing the voluntary job cuts plan that would come via retirements with French trade unions.
06/21/2017
252 Bank of Scotland jobs in dundee to be axed
A spokesmanLloyds said the branch would remain open and customers should not experience any changes.
06/21/2017
Intesa Sanpaolo Says Willing to Buy Certain Assets, Liabilities From Vicenza, Veneto Banca
Intesa said this will need to happen at terms and conditions which won't dent the lender's capital buffer and affect its dividend payout policy.
06/19/2017
The psychology doctor behind reboot of Santander's online banking subsidiary
Openbank's boss discusses agility and a 'mobile first' strategy for Spain's first full-service digital bank.
06/19/2017
Co-Op Bank Rescue Threatened By Pensions Stand-Off
The Co-Op Group is said to be demanding a cash sum of closer to GBP300.0 million for the pension scheme, according to Sky.
06/18/2017
Italy Rules Out Winding Down Struggling Veneto Banks-Source
A spokesman for the Commission said he could not confirm the report.
06/14/2017
KBC completes acquisition of United Bulgarian Bank and Interlease
The transaction will only have a limited impact of 0.54% on KBC’s solid capital position, keeping its CET1 ratio well above the regulatory minimum capital requirements.
06/11/2017
Santander’s Ana Botín has no trouble playing hardball
Bank chief walked away twice before buying Banco Popular for €1
06/11/2017
UniCredit CEO confident Italian banks will help rescue Veneto lender
I am optimistic by nature and I am in this case too.
06/10/2017
ABN Amro IT takes share of blame for mortgage malpractice
As a result, they often had to solve things manually, causing delays in the process
06/08/2017
Italy's banks in talks with Rome over rescuing Veneto lenders: sources
Italian banks would have to shell out 11 billion euros to protect depositors at Veneto Banca and Popolare di Vicenza if the two banks were wound down, one source said on Thursday.
06/08/2017
Banco Santander Wins Auction to Acquire Banco Popular
A few over 30 bidders placed their bids.
06/08/2017
Qatari and Swiss groups plot Co-op Bank bid
The current status of the discussions was unclear on Thursday, and sources cautioned that there were a series of significant hurdles to any deal being agreed.
06/07/2017
Santander takes over ‘failing’ rival Banco Popular after EU steps in
Spanish lender to raise €7bn to fund rescue deal for Madrid-based competitor
06/06/2017
Atom Bank postpones launch of current accounts as new rules cloud the outlook
Mullen expressed his frustration at the uncertainty clouding the market ahead of a wave of regulatory upheaval for the industry.
06/05/2017
HSBC offering cash sweeteners to persuade staff to relocate to Birmingham
The incentive scheme offers cash bonuses of between £750 and £2,500 – dependent on seniority – to encourage staff to relocate.
06/05/2017
Private equity groups up offer for Britain's Shawbrook bank
After carefully considering market feedback we are pleased to be able to make an improved best and final offer.
06/05/2017
French banks seek exit from campaign finance
Bankers and politicians alike say the system only reinforces populist perceptions of banks and the political class working hand-in-glove against the interests of the people.
06/04/2017
US hedge funds likely to stump up for Co-op bank
The repayment of a £400m bond due in September has piled pressure on the bank’s owners to find an urgent solution. Debt markets typically dry up in summer.