05/11/2015
Italy Bank Mergers May Lead to Bigger, Not Better Lenders
The cooperatives are struggling with loan losses, high costs and low profit.
Retail Banking
05/08/2015
Yorkshire Bank to float and close branches
Yorkshire Bank and its sister Clydesdale will float on the stock exchange, and close more branches, as parent company National Australia Bank (NAB) makes its long-awaited exit from the UK
05/07/2015
National Australia Bank reveals Clydesdale demerger plan
Clydesdale Bank is to be split from its Australian parent company and then floated
05/07/2015
RTwentyFour to launch UK residential mortgages trust
TwentyFour Asset Management is seeking to raise £200 million for a new trust that will invest in UK residential mortgages.
05/05/2015
RBS: one in three top management roles to be filled by women by 2020
Royal Bank of Scotland has set a target for one third of its top 600 management roles to be held by women by 2020
04/27/2015
Treasury defends Lloyds against possible hedge fund attack on 'Tell Sid' share sale Telegraph
Chancellor George Osborne last week unveiled plans to sell billions of pounds of share s in the bailed-out bank to the public if the Conservatives win next month’s general election.
04/24/2015
Britain cuts stake in Lloyds Banking Group to below 21 percent
Britain has reduced its stake in Lloyds Banking Group by a further 1 percent to below 21 percent, a further step towards returning the bank to full private ownership
04/23/2015
Intesa Sanpaolo has opened its first branch in Istanbul, Turkey
The Italian lender Intesa Sanpaolo has opened its first branch in Istanbul, Turkey.
04/22/2015
Irish 'bad bank' NAMA says may return 1 billion euros to taxpayers
The agency expected to generate a surplus of somewhat less than 500 million euros after recouping the costs of the purge.
04/21/2015
Deluge of mortgage assets brings opportunities for buyers
The UK is facing a deluge of mortgage assets as companies look to sell off loan books in improved market conditions, but intensifying competition among buyers threatens to price out smaller “challenger” banks.
04/20/2015
Italy's BPER looking at equal or smaller rival for tie-up
Banca Popolare dell'Emilia Romagna is looking at merging with an equal or smaller rival, its CEO said on Saturday, ruling out a tie-up with a larger cooperative bank such as UBI Banca or Banco Popolare.
04/20/2015
UniCredit close to deal with Santander on asset management units - CEO
The two banks announced in September they were in talks to merge Santander Asset Management and UniCredit's Pioneer unit to create a European fund managing powerhouse overseeing some 350 billion euros (£252.8 billion) of assets.
04/20/2015
Metro Bank plots £1bn London float next year
Challenger bank is looking to list after holding talks with the London Stock Exchange
04/19/2015
Metro Bank plots £1bn London float next year
Challenger bank is looking to list after holding talks with the London Stock Exchange
04/17/2015
Deutsche Bank to sell Postbank, not split off all retail ops - magazine
Deutsche Bank's board has decided to sell its Postbank unit, rather than splitting off all retail operations at Germany's biggest lender, Der Spiegel magazine reported on Friday, without citing sources.
04/17/2015
Royal Bank of Scotland Gives Lloyds Some Political Insurance
The U.K. government’s Lloyds stake can be sold profitably if its market position isn’t attacked on competition grounds
04/16/2015
IMF reports on Hungarian central bank's asset management company
The Fund urges a market approach also when it comes to the key issue, pricing, and it would recommend a later privatisation of the asset management company.
04/15/2015
Monte Paschi sells Anima stake
Monte Paschi said the net impact from the deal on its results was around 115 million euros, while the boost to its consolidated common equity tier 1 ratio was of around 20 basis points.
04/14/2015
Deutsche Bank named Best Foreign Bank in Italy for the second consecutive year
he Bank is also the No.1 foreign asset manager by net inflows in Italy and is one of the leading investment banks.
04/13/2015
Banks switching thousands of customers into costly new accounts
They will be switched to the Select account during April and May.