10/03/2016
Portuguese bank BPI is to close 25 retail branches across the country, adding to the 27 branches it closed in the first half and continuing a streamlining trend apparent throughout the Portuguese banking sector. Following the branch closures and based on
09/30/2016
The bank simultaneously plans to hire around 2,300 new staff focused on digitizing internal processes, meaning the net number of job cuts will be near 7,300
09/23/2016
The bank is determined to see through the capital raising, if it were to disappoint, it would be left with a capital hole.
09/12/2016
Ulster Bank, which is owned by the Royal Bank of Scotland, is already charging negative interest rates for some large deposits in its Irish operation.