07/17/2014
National Australia Bank’s $1.2 billion sale of a portfolio of British loans is picking up pace, drawing interest from four parties including giant debt investors Oaktree Capital Management and Pimco.
07/13/2014
SANTANDER, Halifax and Nationwide have emerged as the big winners of the battle for current account customers, nine months on from the launch of seven-day switching service.
07/09/2014
The changes will ultimately offer consumers greater choice and encourage innovation
07/08/2014
TD Bank Group today announced that it has completed the acquisition of the remaining interest in NatWest Stockbrokers Limited from National Westminster Bank plc.
07/06/2014
New BBA study show customers want a new approach to banking in an online age
07/02/2014
The move into digital-first banking marks an about-turn for Thomson
06/29/2014
Italy's fourth-biggest lender Banco Popolare will look at merger opportunities once it has passed a Europe-wide health check of the sector, and has cancelled the sale of its bad debt unit for now, its CEO told daily Il Sole 24 Ore in an interview.
06/29/2014
Ulster Bank's matrix IT system would be extremely difficult to unpick from the overall RBS group system, which would make it almost impossible to migrate customers over to the Permanent TSB system and vice versa.
06/25/2014
Ross McEwan, chief executive of Royal Bank of Scotland, in line for £1m a year in share allowances that sidestep EU bonus cap
06/24/2014
Spain's Banco Popular has agreed to buy Citi's retail banking and credit card business in Spain, a sign that foreign banks are retreating from the country's financial services market in the wake of the financial crisis.
06/23/2014
It was not immediately clear how much capital would be needed to prop up Corpbank - which had loans of almost 5 billion levs ($3.5 billion) as of March, and capital of 622 million levs - and the subsidiary.
06/19/2014
New posts will be created at offices in Glasgow, Edinburgh, Hamilton and Aberdeen.
06/19/2014
Lloyds Banking Group is set to value spun-off retail bank TSB at £1.3 billion when it prices its share offer on Thursday.
06/16/2014
Due to a lower level of activity, declining loan volumes except for new home loans, the IT conversion of Spar Lolland to Jyske Bank and a merger of staff functions at BRFkredit and Jyske Bank
06/15/2014
Germany is a large market, and we are just going to dip our toe in the direct banking space
06/13/2014
The Dutch government proposed to amend its tax rules to make it easier for lenders there to tap into Europe’s fastest-growing market for bank debt.
06/13/2014
As a result of the acquisition approximately 730 highly skilled employees working for Citi's retail operations will be transferred to Alpha Bank.
06/11/2014
On the eve of the cabinet decision, the ratings agency Standard & Poor's said it would consider lowering the credit rating of seven Austrian banks
06/10/2014
Tesco will today shake up the retail banking industry when it becomes the first supermarket to launch a current account in competition with high street banks.
06/04/2014
Brendahan relies on bottom up stockpicking in key areas