10/11/2015
Get rich quick with UK challenger banks
OneSavings Bank achieved a return on equity of 25.5 per cent and Shawbrook 19.5 per cent last year.
Retail Banking
10/11/2015
Billionaire Jim Ratcliffe snaps up North Sea oil fields
Ineos will purchase North Sea oil and gas fields after Russian billionaire Mikhail Fridman was told to sell up
10/08/2015
Société Générale takes control of Mauritius Commercial Bank Moçambique
The Société Générale group on 18 March 2015 reached an agreement with the Mauritius Commercial Bank to acquire a stake in MCBM through a capital increase
10/07/2015
The Access Bank UK opens Representative Office in DIFC
The announcement was made at a press event organised in DIFC that was attended by key executives from The Access Bank UK including Herbert Wigwe, Chairman and Non-Executive Director; Jamie Simmonds, Chief Executive Officer; Alyson Jeans, Commercial Bankin
10/05/2015
Union Bank of India and KBC Asset Management ink deal
The transaction, which is still subject to regulatory approval in India, will have no impact on the joint venture’s client positions and product portfolio.
10/02/2015
RBS spin-off Williams & Glyn applies for banking licence
Challenger bank set to appear on the high street next year and float by the end of 2016
09/28/2015
Santander mulls return to investment advice market
The Spanish bank's UK arm is looking for new sources of growth as its current account boom could start to slow down
09/23/2015
Danske Bank sells personal customer business in Lithuania and Latvia to Swedbank
Business banking operations to be strengthened
09/16/2015
Portugal's Central Bank Halts Novo Banco Selloff
Central bank postpones long-running sale after failing to agree price for bailed-out lender
09/13/2015
European Banks Use Online Platforms to Find Borrowers
Firms such as Zopa and Smava link lenders with people who want cash
09/11/2015
Barclays in talks to sell Italian network and mortgages
Barclays has also shortlisted two undisclosed banking institutions
09/11/2015
Ex-Barclays boss Bob Diamond aims to snap up Zambia bank at bargain price
He had originally planned to float Finance Bank of Zambia on the London Stock Exchange
09/07/2015
Italy urges banks to seize chance to merge, boost capital
In an bid to counter the fragmented nature of Italy's banking system, where most banks are small and local, the government passed a law in March to make it easier for large cooperative lenders to be taken over.
09/04/2015
HSBC rebrands UK arm
More changes at the top of Tungsten; Dan Loeb’s online research
09/03/2015
Barclays Sells Portugal Assets
Both businesses, as well as operations in France, are part of Barclays' portfolio of 'non-core' businesses and assets it wants to sell or run down.
09/02/2015
Unicredit wants to cut costs at German HVB unit
There are several possibilities to set the bank up in a leaner way and to centralise some of the non-customer facing tasks at a group level
09/02/2015
The future of high street banking? It's time to wake up and smell the coffee
Lloyds plans to close 200 branches, but it will open 50 new ones – and visitors will be in for a surprise.
09/01/2015
Opel Bank Expands Into Online Retail Banking In Germany
Opel currently has roughly 200,000 customers using its in-house banking service for car loans or leases.
08/25/2015
Lloyds Bank on track for private ownership by 2016
Britain’s chancellor George Osborne said yesterday he hoped the sale of the UK government’s shares in Lloyds Banking Group will be completed within a year.
08/21/2015
Polish banks face $6bn bill for Swiss mortgages, warns IIF
The Polish parliament’s new plan to solve the country’s Swiss franc mortgage problem could cost Polish banks $6.2bn this year, wiping out profits for 2015 and 2016, according to Institute of International Finance (IIF) research published this