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
Retail Banking
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.
04/11/2015
Hungary's banks face big rise in fees for brokerage troubles
"This situation can prevail for six to eight years," Nagy was quoted as saying in the interview, meaning banks would have to pay the higher fees for this period.
04/10/2015
George Osborne finds magic money machine at Metro Bank
George Osborne may have solved the British government’s huge annual deficit problem
04/10/2015
Hedge Funds Invest in Austrian Bank Loathed by Taxpayers
It’s an investment that hinges on whether Austrian taxpayers will have to continue to fund the bailout
04/06/2015
UK launch of digital bank Fidor hamstrung by payments providers
Innovative German lender Fidor Bank's UK launch has been delayed by difficulties gaining access to the country's payments system infrastructure
04/06/2015
Hynes involved in €12.7m loan buying
Wexford accountant attempting to buy loans from US investor group Lone Star
04/02/2015
RBS divests $816.8m UAE corporate loan portfolio to Commercial Bank of Dubai
Royal Bank of Scotland has sold around AED3bn ($816.8m) of corporate loan portfolio belonging to United Arab Emirates companies to Commercial Bank of Dubai
04/01/2015
Challenger bank Shawbrook fetches £725m valuation on IPO
Shawbrook Bank is the latest start-up bank to float on the London Stock Exchange and is widely thought to be the last listing until after the election
03/27/2015
Banking union or no, an integrated European market is still some way off
Is this the start of a long-awaited wave of intra-European deals, after a long post-crisis chill in dealmaking?
03/26/2015
Anger as 'last bank in town' deal is ditched
Under the new regime banks will have to consult with local communities before any branch closure
03/26/2015
TSC report could hurt NAB’s UK exit
Loan mis-selling allegations levelled at Yorkshire Bank and Clydesdale Bank could delay parent company National Australia Bank’s plans to leave the UK
03/26/2015
Taxpayer stake in Lloyds falls below below 22 percent
The size of the stake owned by British taxpayers in Lloyds Banking Group has fallen below 22 percent
03/26/2015
Deutsche Bank AG (USA) Might Retreat From Retail Banking
Deutsche Bank AG (USA) is weighing on strategy options
03/25/2015
HSBC to base ringfenced retail banking operation in Birmingham
António Simões tells staff of move to new offices in 2017, including relocation of 1,000 London staff, as bank insulates retail arm from riskier investment activities
03/25/2015
NatWest Banking Error Makes 21-Year-Old A Millionaire, But He Alerts Bank Of Mistake
At 21, receiving more than a million pounds in your bank account unexpectedly could make the blood rise to your head.
03/25/2015
ANZ Bank Is Interested in RBS’s Asia-Pacific Assets
Australia & New Zealand Banking Group Ltd. is interested in acquiring assets from Royal Bank of Scotland Group Plc as the U.K. lender cuts back its operations in the Asia-Pacific region.