12/05/2014
The board of country’s largest private sector lender ICICI Bank on Friday approved sale of the bank’s shareholding in its Russian subsidiary ICICI Bank Eurasia, to a third party Sovcombank.
12/04/2014
The head of Sberbank, Russia's largest lender, said Thursday that the banking sector was grappling with huge liquidity problems and warned that there was no easy money for Russian companies to be found in Asia, the Prime economic news agency reported
12/03/2014
The portfolio consisted of Virgin Money credit card assets, which MBNA has been marketing and distributing since 2002.
12/03/2014
Hungary is ready to buy more banks should they decide to exit the country, a government official at the Economy Ministry told CNBC on Monday.
12/01/2014
The chief executive of Commerzbank is predicting a wave of mergers among Germany's cooperative and savings banks.
11/30/2014
Hypo had agreed in principle to sell the asset to US private equity group Advent and the European Bank for Reconstruction and Development.
11/28/2014
RBI thereby receives all four important awards as best bank in CEE
11/27/2014
Loans were acquired from Lloyds and was previously managed by Certus
11/27/2014
German bank BayernLB has objected to Austria's handling of the planned sale of Hypo Alpe Adria's Balkans network, dealing a setback to Vienna's campaign to wind down the bank it had to nationalise in 2009.
11/26/2014
The firm, which has 53,000 staff, said the cuts will occur over the next three years and lead to annual gross savings of about 270 million euros from 2018.
11/24/2014
Yorkshire and Clydesdale banks are set for a £2 billion flotation, as their owner the National Australia Bank prepares to exit the UK.
11/23/2014
Fourteen banks in the Republic among those being shut as fears grow for rural areas
11/23/2014
Banks to float as owner quits UK
After years of trying to build a British franchise under the Yorkshire and Clydesdale brands, NAB said recently that its “absolute priority” was to quit the UK.
11/20/2014
Spanish bank BBVA is in advanced talks to raise its stake in Garanti
11/17/2014
The Australian owner of Clydesdale and Yorkshire banks says selling off the UK businesses is becoming more likely due to improving market conditions.
11/14/2014
As a result, ABN Amro said, it expects to cut 650 to 1,000 full-time jobs by 2018 in its retail bank.
11/11/2014
It said productivity improvements from the branch closures, about 8 per cent of its outlets, will help it reach a previously announced $400 million cost-savings target next year.
11/11/2014
In the context of its turn toward investment banking, Alpha is planning the redesign of 50 branches, which along with 20 former Citibank branches will focus on providing major depositors with property and wealth management solutions.
11/10/2014
The bank will attempt to accompany Spanish companies that invest in Morocco.
11/07/2014
The new plan looks more mainstream. Harrods is set to launch a standard savings account next year, building on the mortgage product it launched in 2014.