10/20/2016
Monte Paschi Jumps as Board Presses Ahead With Business Plan
The bank, based in Siena, Italy, has said it’s readying a third share sale in two years
Retail Banking
10/20/2016
Bank branches closing faster in Scotland than rest of UK
Over the same period, the number of branches in England fell by 5%
10/19/2016
Sweden's Handelsbanken profit beats forecasts
In this year’s capital assessment, the Swedish Financial Supervisory Authority deems that Handelsbanken’s requirement for common equity tier 1 capital at the end of 2016 corresponds to a common equity tier 1 ratio of 21.1%
10/17/2016
UniCredit to sell stake in Pekao
Poland's government is seeking to increase its control over the country's banking sector as part of its broader ambition of having more say in the economy.
10/12/2016
Scottish National Investment Bank could support 50,000 jobs and save billions
Economists and trade unionists have backed the idea, which it is claimed could be a major driver for jobs through long-term, low-interest loans for investment.
10/10/2016
Banif Bank could be just the beginning – Al Faisal managing director
This investment consists of the acquisition of Portuguese shares in the Malta branch
10/10/2016
Challenger banks to hold first post-Brexit Treasury talks
The bosses of smaller banks will meet the City Minister to discuss post-Brexit industry reforms
10/05/2016
Four bidders vying for UniCredit's asset manager Pioneer
UniCredit seeks to raise around 3 billion euros from the sale of Pioneer.
10/03/2016
Russia's Development Bank Plans to Expand Representative Office in China
Russia's Bank for Development plans to expand its representative office in China while making some layoff in some other missions abroad, VEB Chairman Sergey Gorkov said on Friday.
10/03/2016
ING to announce thousands of job cuts
The bank has doubts about its presence in Turkey, where it lacks scale, according to the report.
10/03/2016
Zagrebačka Banka to Change Owners?
Insiders claim that the largest bank in Croatia has already been visited by foreign auditors which are supposed to make a preliminary analysis.
10/03/2016
BPI bank closes another 25 branches, continuing sector trend
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
10/03/2016
Korean Fund buys Commerzbank Headquarters
Commerzbank will focus on its core businesses of private and small business customers and corporate clients as well as digitising more processes
10/02/2016
Italy’s Overlooked Banking Crisis Could Be Disastrous for Europe
Italy is slowly buckling under the weight of £270 billion in bad loans
09/30/2016
Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp
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
09/27/2016
RBS CEO Mulls ‘Uncharted Territory’ of Failure to Sell Unit
RBS must sell Williams & Glyn to meet European Union rules
09/26/2016
Brexit’s Threat To UK’s Retail Banking
English customers may be facing a world of payments hassles in the EU since Britain will be leaving payment arrangements
09/23/2016
Commerzbank eyes thousands of job cuts in strategy revamp
Commerzbank declined to comment.
09/23/2016
Exclusive: Regulators expect Monte dei Paschi to ask Italy for help
The bank is determined to see through the capital raising, if it were to disappoint, it would be left with a capital hole.
09/22/2016
Scottish Widows adds five-year offset to mortgage range – exclusive
With our five-year fixed rate we are offering customers the best of both worlds