12/06/2015
RBS launches lending spree with Hermes, M&G and AIG
The big institutions plan to lend an extra £700m directly to mid-sized firms next year, harnessing pension funds and other long-term savings to finance business growth
Retail Banking
12/01/2015
Tandem digital bank granted licence by the Bank of England
The new bank has recently been recruiting from some of Britain’s established players.
11/30/2015
EU approves EUR2.72bn aid to Greek’s Piraeus Bank
The government's financial assistance, approved on the basis of the bank's amended restructuring plan, is in line with EU state aid rules
11/30/2015
Ana Botin strives to expand Santander, one customer at a time
Go to santander.co.uk," she continues, adding, "Definitely check out the 1|2|3 account.
11/30/2015
Expobank to Buy RBS's Russian Assets as Foreign Banks Retreat
The RBS business had 28 billion rubles ($420 million) in assets as of Nov. 1.
11/26/2015
Lloyds To Axe 1,000 Jobs In Latest Bank Cull
The taxpayer-backed bank will announce on Thursday that another 1,000 jobs are to be axed, Sky News learns.
11/24/2015
Hungarian Central Bank Buys Bourse to Breathe Life Into Trading
The transaction will boost the regulator’s stake to 75.8 percent
11/23/2015
French private equity firm set to buy Fintrax
Galway-based VAT refunder Fintrax is reportedly to be sold to French private equity firm Eurazeo.
11/13/2015
Cerberus Acquires GBP 13 Billion Portfolio of Assets from UK Asset Resolution Limited (UKAR)
Portfolio Consists of Part of the Legacy Book of NRAM, the Former Northern Rock Mortgage Business
11/13/2015
Russia eyeing state aid for VEB bank after $23bn bailout
Battered by low oil prices, Western sanctions and a weak rouble, the proposed aid package is also so large it could impact Russia’s credit rating which two agencies downgraded to junk status earlier this year.
11/06/2015
Societe Generale to shut 400 branches, cut 2,000 jobs by 2020
Unions also expressed fears of compulsory cuts.
11/03/2015
Re-empowering The Disenfranchised: At what Cost? by By Mark Forman
It comes as no surprise and, indeed, has been recognised by many, including the FCA, that the Retail Distribution Review (RDR) has left a group of consumers bereft of access to financial advisers and therefore financial advice.
11/01/2015
RBS sells remaining stake in Citizens Financial
RBS will withdraw its director from the Citizens board
11/01/2015
RBS spin-off Williams & Glyn is at death's door before it's even been born
Whatever its profitability and whatever RBS’s return, W&G will be an also-ran, unable to be a substantial challenger bank
10/30/2015
OTP Bank Romania completes merger with Millennium Bank, aims for top 10
Local lender OTP Bank will complete the merger with Millennium Bank Romania by November 2, this year.
10/30/2015
Clydesdale and Yorkshire Banks set up dedicated division for technology investments
The investment unit, which will run as a part of the banks' specialist and acquisition finance team, will provide £500,000 and £1m in financing to established tech start-ups in the country.
10/27/2015
ABN Amro Proceeds With IPO to Pay Back Dutch State Bailout
The government has said it may sell as much as 30 percent of ABN Amro this year
10/27/2015
Metro Bank Lending Doubles in Third Quarter Ahead of Share Sale
The company said it has appointed advisers for a share sale next year, without providing further details.
10/13/2015
Norway Fund Said Chosen as Preferred Bidder for Singapore Tower
The 43-story tower, located in the new financial district at Marina Bay, could be valued at more than S$3.5 billion $2.5 billion
10/11/2015
QNB in fray for NBG’s Finansbank stake — sources
Unnamed Chinese group also reported to have expressed interest