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Retail Banking

03/15/2017

Nordea and Sweden come to blows over resolution fees

The spark has been the Social Democrat-led government’s attempt to force banks to contribute more to Sweden’s budget.

03/15/2017

Government stake in Lloyds Banking Group reduced to 2.95%

The Government has no longer been the bank's largest shareholder.

03/15/2017

Bank of China to set up Irish branch as trade links grow

The bank intends to set up here under the EU financial services passporting arrangements.

03/14/2017

Lloyds in £1.3bn tech outsourcing deal with IBM

LTU claims less than 200 of the staff would continue working on the Lloyds contract after four years

03/14/2017

Small business challenger banks: the best of the best

We’ve rounded up some of the best.

03/13/2017

NatWest to launch intermediary solutions in Northern Ireland

This is a positive move for brokers in Northern Ireland as we are well placed to support the future growth and sustainability of mortgage lending in the province.

03/13/2017

Portugal's CGD bank seeks to sell Spanish, S.African operations

It planned to maintain operations in markets with Portuguese affinity.

03/09/2017

Co-operative Bank reports £477m annual loss

The result is slightly better than the £611m loss it made in 2015.

03/09/2017

Co-op Bank reports loss of £477m in 2016 as sale looms

The troubled lender is engaging with potential bidders after putting itself up for sale last month

03/08/2017

HSBC Sells US Residential Mortgage Loan Portfolio For USD1.50 Billion

HSBC said the sale was part of an ongoing reduction of its US consumer mortgage loan business, in line with its strategy to sell "substantially all" of HSBC Finance Corp's residential mortgage loans.

03/07/2017

Santander Could Cut Workforce, Branches In Germany In 2017

The Santander Group had an efficiency ratio of 48.1% in 2016

03/07/2017

Russian businessman Kim could sell his Expobank in Latvia

A single economic area and European Union regulations offer optimum conditions for merging European businesses.

03/07/2017

Shawbrook rejects £825m takeover offer from private equity firms

The private equity firm currently holds just under 40 per cent of the bank.

03/07/2017

Intesa Sanpaolo sells Allfunds Bank stake for 900 million euros

Intesa Sanpaolo was advised by Bofa Merrill Lynch and Morgan Stanley.

03/06/2017

Bank ABC adopts new management structure to accelerate growth and expansion

He will also leverage the synergies in our business between the Europe and America.

03/06/2017

Nordea's Mega-Bank Branches Set Off Regulatory Finger Pointing

Nordea says Sweden’s proposal is both surprising and unfair, and is trying to persuade lawmakers to back away from the plan.

03/03/2017

Challenger banks are taking the UK by storm – but can they really compete?

In the wake of the financial crisis, savers confidence in the UK banking system hit rock bottom.

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.

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.

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