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Retail Banking

01/08/2018

Banca Generali announces 2017 net inflows of €6.87 billion

Net inflows of managed products grew sharply by 50% to €6.0 billion, including €407 million recorded in December 2017.

01/03/2018

PSD2: The new regulatory framework for payments that's set to change global banking

Its not just another banking regulation, but rather a strategy

12/28/2017

EBRD, BNP Paribas agree on mandatory buyout of UkrSibbank's shares from minority shareholders

BNP Paribas will act as an authorized entity to acquire and fulfill all obligations under the agreement.

12/27/2017

Ex-Metro Bank chief plans specialist lender

COLG aims to launch the lender within two years and is currently in the process of obtaining a banking licence

12/22/2017

CaixaBank buys Banco BPI's card business

The transactions won't result in any transfer of personnel, Banco BPI said.

12/20/2017

Deutsche Bank to cut up to 1,000 jobs in Postbank integration

Employees have until October 2018 to decide whether to accept the terms.

12/16/2017

How Harrods Stays British While Bending Backwards for Chinese Shoppers

To cater to Chinese customers, the department store has more than 200 Mandarin speaking staff and more in training

12/14/2017

BZ WBK says buys Deutsche Bank's Polish assets for $362 million

BZ WBK will pay 80 percent in shares, with the rest in cash.

12/14/2017

Intesa Sanpaolo completes transfer of assets, liabilities from Veneto Banca Romanian branch

"Former Veneto Banca customers now can benefit from the strength and reliability of one of the largest European banking Groups," the bank said.

12/12/2017

Creditspring raises £2 million investment and establishes advisory board

Creditspring has applied to the FCA for full permission for consumer credit, with plans to release more details and launch their first product in early 2018.

12/03/2017

Crédit Agricole’s head hits out at Orange Bank

Chief of France’s largest bank dismisses fintech disrupter

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.

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

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