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Retail Banking

03/21/2017

House of Fraser pulls £29m investment in UK challenger bank

Our determination to reduce the stress people feel in managing their money is as strong today as it has ever been.

03/20/2017

Russian Bank Raised Millions in Irish Shadow Banking

The notes are now almost worthless and the lender’s chief executive officer has been arrested on fraud charges related to the collapse.

03/20/2017

RBI: Successful completion of merger with RZB

The appointment of the new Management Board also takes effect today

03/17/2017

Poland’s mBank to invest €50m in fintech start-ups

The fund’s financial support, the companies can then offer their solutions to customers from around the world.

03/17/2017

Nordea could move HQ to Finland if Swedish gov't raises costs

The Swedish government is planning to raise the fee that banks pay to an obligatory EU fund intended to bail out failing banks.

03/16/2017

BNP Paribas in talks to buy estate agency Strutt and Parker

The deal would be a big vote of confidence in the British property market.

03/16/2017

New set-up for Rabobank in Africa to pool interests

Its partner Dutch development bank FMO holds 27% and Norway’s Norfund own the remaining shares.

03/15/2017

Private & Commercial Finance posts origination rise ahead of bank launch

The banking technology and infrastructure work streams have recently moved into the testing phase.

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.

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