07/10/2013
Axis Bank to open for business in Britain
Britain is encouraging new banks to open to increase competition in financial services.
Retail Banking
07/09/2013
Santander to scrap Abbey for Intermediaries brand next Wednesday
Santander has been a consistent supporter of the intermediary market and by bringing all our intermediary product brands together under Santander for Intermediaries
07/05/2013
‘Smoking gun’ document is uncovered in Co-op fiasco that could prove Lloyds was warned of branch-deal danger more than a year ago
The Treasury Select Committee is expected to summon Co-op Bank chiefs this month to give their version of events.
07/03/2013
UniCredit seeking acquisitions in Poland
The group is looking for a target which specializes in activities slightly differing from its own
07/02/2013
Royal Bank of Scotland sheds 1,800 jobs
Taxpayer-owned Royal Bank of Scotland said it plans to cut as many as 1,800 jobs at its Ulster Bank division by 2016.
06/28/2013
NRI set to launch new bank in London
A Singapore-based NRI is launching a bank here tomorrow to provide latest services to its customers in the UK.
06/27/2013
BNP Paribas to Expand in Germany
French Bank Seeks to Rekindle Growth as it Cuts Costs
06/27/2013
Church of England bids for RBS branches
The Church of England has blessed a consortium of financiers
06/27/2013
Barclays closes Algarve agencies
Barclays Bank will be closing down at least five agencies in the Algarve
06/27/2013
Rabobank may sell its Polish arm BGZ this year -report
Dutch Rabobank may sell its Polish mid-sized lender
06/26/2013
Unicredit experiments with self-service branches
Some banks have responded to the changing landscape by introducing video ATM technology
06/22/2013
Barclays to sell on data from savers and track mobile phones
The bank will also start tracking customers through their mobile phones or other "devices" - to help protect them from fraud.
06/20/2013
Lloyds, RBS, Barclays, Co-op and Nationwide responsible for higher-than-expected capital shortfall of £27.1bn
Five of Britain’s biggest lenders have been told by the Bank of England they must raise more than £13bn between them
06/18/2013
IARB welcomes findings of Parliamentary Commission on Banking Standards
IARB welcomes findings of Parliamentary Commission on Banking Standards and endorses commitment to high professional standards throughout banking
06/16/2013
Co-op Bank to fill £1.5bn hole
The Co-operative Group has reached agreement with the City regulator that the hole in the Co-op Bank is around £1.5bn, I have learned.
06/16/2013
NAB may spin off UK business
National Australia Bank boss Cameron Clyne says he would consider a sharemarket spin-out of the bank's British business
06/16/2013
UK's Co-op Bank agrees $2.4 billion 'bail-in' rescue plan
Britain's Co-operative Group has agreed a plan to plug a 1.5 billion pound ($2.4 billion) capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis.
06/13/2013
Nordea Sells Its Polish Units to PKO Bank for 694 Million Euros
Scandinavia’s largest bank, sold its Polish units to the country’s biggest lender PKO Bank Polski SA for 694 million euros ($925 million).
06/10/2013
Government readies banks for return to private ownership
Taxpayers would not lose money as the shares would be returned to government ownership after ten years should they not rise above the floor price.
06/10/2013
German bank employee falls asleep on keyboard, transfers millions
The bank discovered the mistake shortly afterwards and corrected the error.