04/09/2014
Metro Bank founder launches branch-free digital bank
The bank, called Atom, will be the UK’s first truly digital bank and is expected to open for business in 2015. It will be headquartered in the North East.
Retail Banking
04/07/2014
Bank of Cyprus gets revised offer to offload Ukraine unit
The sale is part of the liquidity-strapped group's strategy of focusing on core businesses and markets, and disposing of other operations.
04/03/2014
Intesa Sanpaolo is looking for a buyer of non-performing loans
Rome. Italy’s second largest bank by assets Intesa SanPaolo opened talks with several leading distress debt investors for the sale of part of its non-performing loans worth EUR 27 billion, CEO Carlo Messina announced
03/27/2014
Russia’s Sberbank’s 2013 profit growth misses target
Sberbank, Russia’s biggest bank, posted a 4.1 per cent rise in full-year earnings, falling short of its own target as it increased provisions for loan-losses in a deteriorating economy.
03/21/2014
DeAWM targets UK retail market with platform push
Deutsche Asset and Wealth Management to list exchange traded funds (ETFs) and systematic Croci funds on platforms as part of UK retail expansio
03/19/2014
Over half of retail banking executives think non-traditional financial services providers are a threat to traditional banks - PwC
The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen
03/17/2014
‘Shocking’ debt and ‘reckless’ deals have left the Co-op in crisis, warns new director
The future of the scandal-hit Co-operative Group is in crisis today after it emerged that the company has been weighed down by with 'debt' and riddled with bad 'governance'.
03/10/2014
Raiffeisen Asset Management Bulgaria tops Banker's Best Management Company rating
Sofia. Every other three months since 2006 Banker weekly has been awarding the winners in two categories Management Company and Investment Intermediary.
03/10/2014
New laws may hurt Indian bank branches in UK
The new rules are part of Britain’s efforts to minimise risks and safeguard the country’s banking system and avoid any adverse fallout from any failure of international banks who accept deposits through their branches here.
03/06/2014
AIB chief says his executives 'never looked for bonuses'
Bank executives never looked for bonuses from Michael Noonan and the Department of Finance
03/05/2014
Lloyds and Barclays avoid EU bonus cap by paying shares
Two UK banks are handing out massive share awards to senior executives amid EU limits on bonuses.
03/05/2014
Invesco Perpetual clears up offshore price charges
Invesco Perpetual has changed the structure of charges across its investment company with variable capital funds to make them easier for investors, without increasing charges, Ian Trevers has said.
03/03/2014
RBS considering sell off of Ulster Bank division
ROYAL Bank of Scotland is considering merging its troubled Ulster Bank business with Irish rivals.
03/03/2014
Virgin Money Backs Doubling Of Bank Bonusesa
Sir Richard Branson's banking arm will this week become the latest of Britain's high street lenders to say that it is supporting the payment of higher bonuses under new European rules.
03/03/2014
Soros, foreign funds back Bankia stake sale
Soros Fund Management was among the six biggest investment fund buyers of Bankia shares in last week's offering
03/03/2014
RBI CEO says suspends sale of Ukrainian unit -APA
"A possible sale of our Ukrainian unit is suspended at the moment because of the situation in Ukraine,"
03/02/2014
RBS 'considers Ulster Bank merger'
It is thought that potential merger candidates could be Permanent TSB or the Irish subsidiaries of Danske Banke or KBC.
02/26/2014
BG Foreign Minister wants Qatari bank in Bulgaria
A Qatari bank to appear in Bulgaria – this is the newest proposal of Bulgaria's Minister of Foreign Affairs Christian Vigenin to the Prime Minister of the Arabic country
02/26/2014
Jyske Bank Agrees to Merge With BRFkredit
Danish Lender Says It Is Well Positioned for Further 'Attractive Opportunities'
02/25/2014
RBS looks to copy Lloyds success as a UK retail and business bank
RBS IS preparing to sack up to 30,000 workers in the coming years as it cuts down its investment banking arm even more radically, and focuses on UK retail banking.