02/26/2015
Kiwi chief of Scottish bank turns down £1m share award
Royal Bank of Scotland chief executive Ross McEwan has turned down a share award worth £1m (NZ$2m)
Retail Banking
02/25/2015
Sberbank plans to sell Hungarian units
Russian Sberbank is reportedly preparing to sell its Slovakian and Hungarian branches, international news agency Reuters said yesterday, citing Czech newspaper Lidove Noviny.
02/25/2015
RBS Said to Plan Cutting Footprint to 13 Nations in Revamp
Chief Executive Officer Ross McEwan, 57, has been cutting jobs and assets to bolster earnings
02/23/2015
UK raises $769 million through sale of Lloyds shares
Britain's finance ministry has raised 500 million pounds ($769 million) through the sale of a further one percent stake in Lloyds Banking Group, cutting its holding to below 24 percent
02/22/2015
RBS could write down value of US bank Citizens by some £4bn
RBS also plans to lower its stake in Citizens to about a third this year, which will mean Citizens being deconsolidated from the RBS Group.
02/20/2015
UK high street banks prepare to reveal bonuses
HSBC, RBS, Lloyds, Barclays and Standard Chartered finalise bonus pots, with Lloyds expected to restore dividends to shareholders
02/19/2015
Spain's CaixaBank makes bid for Portuguese lender BPI
Spain's third-biggest lender CaixaBank said Tuesday it would launch a full takeover for Portuguese rival BPI
02/19/2015
UniCredit CEO says bank not interested in Popolare Milano
Italian cooperative lenders have come into focus as the government seeks parliamentary approval for an emergency decree
02/18/2015
Popolare Milano eyes role in cooperative bank mergers
Banca Popolare di Milano said on Wednesday it was interested in becoming part of a larger Italian banking group if moves to encourage consolidation in the sector go ahead
02/16/2015
Hundreds of High Street banks to close down in towns across Britain
Banks have abandoned the 'last bank in town' pledge from 2008
02/16/2015
RBS chiefs set to cash in from float payday
Shawbrook, which is owned by the former private equity division of RBS, could announce its intention to float as soon as March 3.
02/15/2015
Hungary to pay GE up to 615 mn euros for Budapest Bank
Hungary will pay US giant General Electric Capital Group (GE) up to 615 million euros ($700 million) to buy Budapest Bank, the country's eighth largest lender
02/15/2015
Italy's state will not be an active investor in Monte Paschi-chairman
A government stake in Banca Monte dei Paschi di Siena does not mean a bailout of the Italian lender and the state is not expected to become an active shareholder
02/13/2015
KBC Bank Ireland to create 100 new jobs in retail move
Chief executive says lender is on track to return to profit by 2016
02/12/2015
Raiffeisen Bank Int'l says no merger plans with RZB
RZB is the majority shareholder of RBI and counts Raiffeisen Landesbank Oberoesterreich AG (RLB OOe) as a major shareholder.
02/11/2015
Intesa May Consider IPO of Asset Management Unit, CEO Says
Intesa is seeking to expand its asset management, private bank and insurance businesses
02/09/2015
Permanent TSB puts UK mortgage business up for sale
Several parties in discussions to acquire Capital Home Loans
02/09/2015
Five banks interested in Citi's Czech retail operations -report
Citigroup Inc said in October it was pulling out of consumer banking in 11 markets, including the Czech Republic.
02/05/2015
RBS Said to Firm Up Plan to Exit Asia Corporate Banking Business
Royal Bank of Scotland Group Plc has firmed up plans to sell or wind down its Asian corporate banking business within months, according to a person familiar with the process.
02/04/2015
Principal Insurance secures funding from Yorkshire Bank
Loan will be used to meet expansion targets.