10/30/2013
With Italy mired in its longest recession since the Second World War, the country's hard-pressed banks are cutting jobs, closing branches and infuriating unions, but the cuts are far too modest to achieve the profitability gains they need.
10/30/2013
Chief executive David Thorburn said: “The restructuring of our business over the past 18 months has been substantially completed a year ahead of schedule.
10/27/2013
Russia's mid-sized Sovcombank is buying the local unit of GE Money Bank, a subsidiary of U.S. conglomerate General Electric
10/27/2013
"The outlook for the UK economy now looks more positive and the group's business model is well matched to the economic environment," the bank said in a statement.
10/23/2013
Swedish banking group SEB reported on Thursday a bigger-than-expected rise in third-quarter operating profits as it beat forecasts on most income lines and credit quality improved.
10/20/2013
This year’s study, which surveyed 148 banks in 66 countries, revealed that as the global economy recovers, retail banks across the world are increasingly investing in innovation as a means of generating revenue and controlling costs.
10/14/2013
The Bank of Italy is examining the loan books of the country's top lenders UniCredit and Intesa Sanpaolo
10/14/2013
The fact is that we repeatedly get inquiries and offers given our strong position,
10/13/2013
The labour representatives, which in Germany are entitled to half the supervisory board seats
10/12/2013
Osborne plan to break up bailed-out lender stokes bidders’ interest in the American retail bank Citizens
10/12/2013
HVB said on Sunday it had no knowledge of any planned listing of the bank, while Unicredit declined to comment.
10/10/2013
The bank’s restructuring, imposed by the Eurogroup of euro zone finance ministers in March as part of a 10 bln euro bailout for bankrupt Cyprus
10/09/2013
The transaction allows Westpac, prevented from merging with its three biggest rivals, to broaden a business dominated by mortgages.
10/08/2013
The fundamental difference about what we are doing that would be different from other people with banking licences is transparency
10/01/2013
"We are going to grow organically," in Germany, he added.
10/01/2013
His departure highlights the enduring influence of these not-for-profit entities that were set up in the 1990s when the sector was privatised.
09/30/2013
David Stewart, one half of the Eurhythmics, and former Credit Suisse Europe, Middle East and Africa chairman/CEO Michael Philipp have revealed their plans to launch a creative-focused banking services company, to be called First Artist Bank.
09/29/2013
Bank Zachodni WBK, the Polish arm of Banco Santander, wants to continue taking an active role in the consolidation of Poland's financial sector after completing the purchase of rival Kredyt Bank
09/28/2013
The business will eventually be sold as a stand-alone public company in 2015 at the earlies
09/28/2013
It is not about taking something from somebody