12/31/2013
RBS Chief McEwan Handed £1.5m of Shares
Bank chief executive awarded the shares as part of previously agreed recruitment package
Retail Banking
12/28/2013
NatWest Bank Targeted in Cyber-Attack
We have taken the appropriate action to restore the affected websites
12/24/2013
HSBC quits workplace pension market
However, it has now confirmed it will also withdraw services for direct commercial clients.
12/16/2013
Ring-fence Costs Could End Free Banking in UK
Leading think tank says separating investment and retail banking will lead to higher costs on the high street
12/16/2013
UniCredit named Financial Advisor of the Year in Italy and Central and Eastern Europe by Financial Times and mergermarket
UniCredit has been named Financial Advisor of the year in Italy and Central and Eastern Europe at the Financial Times and Mergermarket annual European M&A Awards yesterday.
12/16/2013
Lloyd's of London appoints first female chief executive in 325-year history
The company is to be run by 30-year industry veteran Inga Beale from January. Currently the chief executive of Canopius, a Lloyd's managing agent thought to be the subject of a takeover bid, Beale will replace Richard Ward who surprised the industry
12/11/2013
Intesa Sanpaolo rules out investment in Monte Paschi
The management of Italy's Monte dei Paschi, which is trying to avoid state ownership, had hoped to carry out the cash call already in January.
12/09/2013
HSBC plays down prospect of listing UK banking arm
The Financial Times on Monday said HSBC was considering selling 30 percent of its UK arm.
12/08/2013
HSBC considers floating UK banking business
The British government said in October that it would accelerate the process of splitting up any bank that tries to circumvent new rules designed to ringfence their retail operations from riskier investment banking activities.
12/04/2013
BNP Paribas Group acquires Bank BGZ in Poland
This transaction is expected to have a minor impact (around -15 basis points) on BNP Paribas Group’s Basel III Common Equity Tier 1 ratio and to immediately have an accretive effect on its net income per share (2013 pro-forma).
12/01/2013
Deutsche Bank selling Russian subsidiary to Aton
The deal, which needs approval from Russia’s Federal Antimonopoly Service, would make Aton the 100% owner of DUCM
12/01/2013
Italy's Top 3 Banks Boost Core Capital with SIA Sale
UniCredit, Intesa Sanpaolo and Monte dei Paschi di Siena have agreed to sell 59.3 percent of SIA
12/01/2013
China Construction Bank to apply for UK branch license -source
The move was seen as particularly aimed at Chinese banks, who are looking to expand their European operations. London is attempting to become one of the leading hubs for yuan transactions.
11/28/2013
New Lloyds Chairman Lord Blackwell Plots Taxpayers’ Stake Sell-Off
The next chairman of Lloyds Banking Group, Lord Blackwell, is expected to launch a further review of the business with the specific intent of ensuring a speedy sale of the taxpayers’ remaining 33% stake in the bank.
11/28/2013
Lloyds Sells Off Commercial Property Loan Portfolios for £860m
Private equity firm Cerberus snaps up commercial assets worth £1.9bn
11/28/2013
The Banker awards RBI again as Bank of the Year in CEE
Five RBI subsidiaries, Priorbank in Belarus and the Raiffeisen Banks in Croatia, Kosovo, Romania and Serbia had also reason to be happy last night, having received the local title as "Bank of the Year" in their respective countries.
11/28/2013
New Lloyds chairman Lord Blackwell plots speedy sale of taxpayers' stake
Blackwell will work closely with chief executive Antonio Horta-Osorio on the next three year strategic review.
11/27/2013
Credit Agricole to Close 50 Bank Branches by 2015
The retail bank will also open two offices in the Ile de France region, Reuters reported citing French daily Les Echos.
11/26/2013
Standard Chartered first British bank to open Iraq branch
Branch in Baghdad will allow Standard Chartered to offer full client banking in Iraq
11/26/2013
Erste Asset Management marks EUR 1.2 bln assets in Romania, five years after launch
The company, which runs five investment funds, is currently processing more than 1,000 operations a day