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.
11/07/2014
The bank has earmarked 154 branches for the axe, with just over 100 already closed down.
11/06/2014
Invalda LT, one of the leading companies in Lithuania investing in other businesses and managing assets, together with partners has signed the Finasta group Share Purchase Agreement, informs LETA/ELTA.
11/06/2014
Erste said the move would not have an impact on governance or its financial results.
11/05/2014
UniCredit, Italy's biggest bank by assets, put debt collector unit UCCMB up for sale at the beginning of the year, with the aim of strengthening its balance sheet and freeing up funds for new lending.
11/03/2014
Troubled supermarket giant considers float of Tesco Bank as it seeks to raise much-needed capital
10/28/2014
National Australia Bank is preparing to sell Yorkshire and Clydesdale banks
10/28/2014
Taxpayer-backed bank unveils details of £1bn cost-saving plan that will see staff replaced by digital technology as PPI costs continue to mount
10/27/2014
Banca Monte dei Paschi di Siena SpA, Italy’s third-biggest bank, said it hired UBS AG and Citigroup Inc. to explore all strategic options as it considers how to replenish a capital gap that emerges from the European Central Bank’s review.