01/11/2017
Sale of Bradford & Bingley mortgages enters final stages
Only one UK lender Paragon Bank has made it through to the last round of bidding
Retail Banking
01/10/2017
Co-op Bank accelerates non-core sale as crunch year looms
City sources said that both the Co-op Bank's new management team and industry regulators viewed the auction as a priority transaction.
01/09/2017
Taxpayer no longer the biggest shareholder in Lloyds Bank as Government sells down stake
The Treasury said all proceeds from the sales are used to reduce the national debt.
01/05/2017
Lone Star enters final talks to acquire Novo Banco
Bank of Portugal to negotiate offer amid continued interest from other bidders
01/04/2017
Metro Bank announces £1bn small business support fund for 2017
Bank lent £544m to businesses over 2015 and £551m in the first three quarters of 2016 alone
01/04/2017
Monese raises $10 mln for European launch
Investment into Monese represents Korea Investment Partners’ first investment in a European startup.
01/03/2017
The European Union Is Bailing Out Banks Again
So it is solvent. Isn’t it?
01/03/2017
Sale of small Italian banks to UBI delayed at Commission's request: sources
UBI has expressed an interest in buying three of the lenders
01/02/2017
KBC Group acquires United Bulgarian Bank and Interlease
The acquisition will have a very limited impact on KBC’s solid capital position (-54 basis points), keeping the CET1 ratio (3Q16: 15.3%) well above regulatory minimum capital requirements.
01/02/2017
One Nordea – New Legal Structure
The banking business in Denmark, Finland and Norway will be carried out in branches of Nordea Bank AB (publ).
12/29/2016
RBS may reduce executive bonus awards
Plans will be discussed with RBS's largest shareholders in the new year and put into a form that can be eventually voted on at the lender's annual meeting.
12/29/2016
RBS hit as Williams & Glyn sale faces more obstacles
It is understood that the Treasury is drawing up contingency options that it can put to the EC as back-up plans in case a sale falls through.
12/28/2016
Poland expects more foreign owners to sell banks in 2017
The Polish government has been increasing its sway over the banking sector in what analysts have said is an attempt to gain more control over the slowing economy. Following the Pekao purchase by PZU and PFR, Polish capital now controls the country's
12/28/2016
Lloyds to set up European arm if UK loses access to single market
Plans would ensure British bank can maintain its German and Dutch retail clients
12/23/2016
Italy's teetering banking system could need almost £50billion to stave off collapse as its government prepares to rescue the world’s oldest lender.
The firm’s board was set to meet last night amid speculation that a government rescue could take up to three months to complete.
12/23/2016
Societe Generale announces the sale of Splitska Banka
Central & Eastern Europe is a region where Societe Generale sees potential for future growth
12/23/2016
BNP Paribas to cut 4 percent of retail banking staff in Italy over 2017-2020: unions
Banca Nazionale del Lavoro, the Italian unit of BNP Paribas, and another unit, BPI, which are at the center of the plan, employ around 13,190 staff overall.
12/22/2016
Investors shun Italian bank Monte Paschi's share offer
Monte dei Paschi di Siena, recently judged the weakest of the euro zone's major banks, declined to comment.
12/22/2016
Poland expects more foreign owners to sell banks in 2017
The Polish government has been increasing its sway over the banking sector in what analysts have said is an attempt to gain more control over the slowing economy.
12/22/2016
Mega Branches Test Too-Big-to-Fail Oversight in Nordea Maneuver
Sweden’s FSA moves to reassure other Nordic regulators