06/01/2016
JC Flowers and Apollo Circling Irish-based Bank
US private equity firms JC Flowers and Apollo are among bidders circling a Dublin-based bank which is being sold under the wind-up of failed former German lender WestLB.
Retail Banking
05/30/2016
Cyprus NPLs here to stay
Clerides is worried that expectations are being built that cannot be fulfilled.
05/30/2016
Barclays set to offer perks to customers to ramp up profits at its credit card business
The changes are part of Barclays chief executive Jes Staley’s push to bring the bank back to its roots as a High Street lender.
05/24/2016
150 more jobs to be cut at Clydesdale bank as lender announces £450million hit
The £450m has been set aside to deal with an expected rush of PPI claims.
05/23/2016
Competition chiefs are paid to protect us from overmighty firms - but have FAILED, says challenger banking boss
Rarely the diplomat, Lynam has some choice words for the team at the CMA which drew up the report.
05/23/2016
Barclays tightens buy-to-let properties lending rules
The changes come into effect from 26 May.
05/20/2016
RBS extends alternative financing recommendations
Capital Connections is an extension of an existing scheme at RBS that puts unsuccessful applicants in touch with peer-to-peer lenders Assetz Capital and Funding Circle.
05/20/2016
Sberbank to start Islamic banking pilot program
According to the UAE Finance Ministry, Islamic banking is developing faster than traditional banking, attracting $1.8 trillion annually.
05/17/2016
Costs of overdrafts to fall as part of UK banks overhaul
Competition and Markets Authority estimates that consumers could save over £100 a year
05/16/2016
RBS Shows Banks’ Tech Nightmare as Scottish Branches Spur Delay
The best laid schemes of McEwan and his predecessor Stephen Hester are being held back by technology systems that have been patched together and modified over decades.
05/16/2016
RBS mulls sale of Williams & Glyn and NatWest
RBS is required to sell off branches as part of the conditions around its bailout
05/13/2016
Nordea scouts for fintech startups
Nordea is also working with a couple of the other startups for possible cooperation.
05/12/2016
RBS to axe 200 UK jobs, close more branches
The latest job losses mean RBS will have eliminated more than one in 10 positions at its UK branch network in the past two months at a time the country's third-largest lender is faltering in its aim to be ranked best for customer service.
05/11/2016
Raiffeisen banks say will look into possible merger
No resolutions with respect to implementation have been passed by the respective management bodies.
05/10/2016
Glory Global Solutions Drives Improved Customer Experience at Metro Bank
Metro Bank to deploy Glory VerteraTM 6G Teller Cash Recyclers with Remote Monitoring and Management software
05/10/2016
ING takes startup path to digital transformation as top banks reap innovation rewards
Hammers says the bank made further progress in Q1, investing in customer-friendly technologies and outside collaborations.
05/09/2016
New bank gearing up for launch in the UK
It became FGTB in March this year and received the PRA authorisation in April.
05/06/2016
Irish Bank Officials’ Association to rebrand itself
Group to become Financial Services Union to extend its appeal beyond traditional sector
05/06/2016
NatWest & RBS to scrap Ex Pat mortgages
We regularly look at the demand for our products from customers and balance this with the costs and complexity of providing them safely to customers.
05/06/2016
Hungary to finalise deal for 15% stake in Erste Bank arm
The deal was mediated by the European Bank for Reconstruction and Development, which will also buy a 15 per cent stake. The value of the purchases has not been disclosed.