12/24/2015
Atom Is First UK Mobile-Only Bank To Receive License
Its chairman, Anthony Thompson, headed up the launch of London’s Metro Bank, the UK’s first new bank in at least 25 years.
Retail Banking
12/22/2015
Erste Hungaryʼs acquisition of Citibank retail business approved
Erste announced in September that it was buying the Hungarian retail business of Citibank.
12/18/2015
HSBC and Halifax lead high-street online fightback, but specialists still dominate
An increased focus on encouraging competition is also opening the door for alternative and ‘disrupter’ brands
12/18/2015
Co-operative banking under attack in Europe
The original plan was for BRC to be bailed out with funds from Italy’s Deposit Guarantee Insurance Fund, thus ensuring that retail bondholders would not have to take losses.
12/17/2015
Swedbank humanises customer service with artificial intelligence platform
For the last year, Swedbank has managed to deflect 80 percent of transactional calls with the help of Nuance's virtual assistant platform, Nina.
12/16/2015
Singapore’s DBS Group, IDFC Bank looking to bid for RBS’s India-based assets
RBS’s India-based assets comprise a balance sheet of $2.8 billion
12/15/2015
Clydesdale Bank to Pursue I.P.O. as Part of Spinoff
The company operates under the Clydesdale Bank and Yorkshire Bank brands in Britain and is one of Britain’s largest midsize banks.
12/15/2015
New digital bank planned by UK private equity firm
It is understood that the new entity has a code name ‘Abacus’.
12/15/2015
RBS Said to Receive Interest for 2016 Sale of Consumer Bank
A sale of Williams & Glyn would follow the March disposal of TSB Banking Group Plc, a former Lloyds Banking Group Plc unit, to Spain’s Banco de Sabadell SA for 1.7 billion pounds.
12/13/2015
Italy Plans Fund to Help Savers of Four Rescued Banks
The fund may be worth 100 million euros and cover about a third of the savers’ losses
12/10/2015
RBI sells Raiffeisen Bank in Slovenia
This will be booked in the fourth quarter of 2015
12/10/2015
Welcome to the flat-pack bank: Sweden's Ikano founded by family behind Ikea launches first UK savings account – a three-year fix paying 2.55%
Ikano Bank has unveiled a three-year fixed-rate account offering savers 2.55 per cent through its website.
12/06/2015
Ulster Bank and Permo would make a lovely couple
Jeremy Masding has done a decent job righting the ship at Permo
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
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