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Raiffeisen Bank International closes acquisition of Polbank

The combined bank will become RBI's largest subsidiary in terms of customer loan volumes. RBI's subsidiary in Russia will remain the largest operation in terms of assets.

RBS to spin off M&A unit into boutique operation

In January the UK government-owned bank announced that it is getting out of some of its non-core activities such as brokerage and equity markets and the M&A business as part of a global realignment of its business.

Lloyds Banking Group profits hit by PPI claims

Taxpayer-backed Lloyds Banking Group revealed lower-than-expected profits today after it took an additional £375 million hit to cover payment protection insurance (PPI) claims.

BBVA Q1 profits down 12.6% amid provisions

The second biggest Spanish bank BBVA said Wednesday that its first quarter profit fell 12.6 percent to one billion euros ($1.3 billion) amid provisions to meet criteria on cleaning up bad property loans.

RBS set to spin off its M&A business

Around 45 M&A bankers from RBS will join the new firm, people familiar with the matter said, but there is no set timescale for the launch, which will be managed carefully to protect ongoing deals for existing clients.

Deutsche Bank profits hit amid debt crisis

The bank said although the business environment was "more stable" than at the end of last year, it was "far less favourable" than a year earlier.

Spain, Brazil weigh on Santander results

Spain has instructed its banks to set aside capital to cover a funding gap of tens of billions of euros stemming from a decade of unsustainable lending to property developers during a real estate boom that went abruptly into reverse in 2008.

Eurobank Books EUR4.6B Net Loss From Debt Write-Down‎

Greece’s dire fiscal and economic condition made painful decisions necessary in order to prevent a dramatic deterioration of the country’s situation.

UK banks need to raise £20bn to strengthen balance sheets, says Barclays Capital

CDS are a form of insurance on bonds that help offset the risk that a borrower will default on payments to an investor.

Deutsche Bank seeks revamp

Anshu Jain will make such a deeper collaboration one of his top priorities in the first 18 months of his tenure which will start this June, people close to the situation said.

QNB Talks to Buy Dexia’s Denizbank Stall Over Price

QNB is still seeking a price close to Denizbank’s book value, which stood at about $2.5 billion at the end of last year, while Dexia is seeking more than 1.5 times book value, two of the people said, declining to be identified as the talks are priva

Dutch Parliamentary Committee Proposes Overhaul Of Banking Sector

The committee said that activities such as proprietary trading, should be separated and have their own capital base. It also called for studies to examine whether banks need higher capital requirements and if they should ringfence their operations abroad

JP Morgan revenues rise but legal costs trim profits‎

JP Morgan, the first Wall Street bank to report results in this closely watched earnings season, has revealed a surprise increase in revenue to $27.4bn even as legal bills and debt pinched first quarter earnings.

JPMorgan's London Whale A Loch Ness Monster for Our Times

One certainly hopes bank regulators are on top of the trading positions of the Whale or, for Harry Potter fans, "Voldemort" (He Who Shall Not Be Named) or, for those with a fetish for real names of real people, Bruno Iksil.

Analysis - Investors run scared of Spain's battered banks

The government has ruled out more state aid for a sector that comprises a motley mix of international lenders and heavily indebted local savings banks. That leaves two options: raising private capital or turning to the EU for bailout funds.

Raiffeisen “Best Bank in Central and Eastern Europe”

In total, RBI has won this prestigious distinction eight times in nine years.

Finland’s Banks Are Winners on Haven Demand, Regulator Says

Lenders in the Nordic nation have “good” liquidity and “sound” solvency, with the core Tier 1 capital ratio at 13.1 percent at the end of last year, the regulator said.

Financier Entwistle eyeing $120 million for new UK bank

Entwistle, who spent much of his career at private bank Adam & Co and helped sell the firm to Royal Bank of Scotland (RBS.L) in 1993, said he planned to issue a prospectus this week to get more funds from potential investors.

IFG profits hit £12m as group sells international arm

The preliminary results come as the group signed a £70m deal to sell to private equity firm AnaCap its international division, which comprises its trustee and corporate services in Jersey, Cyprus, Switzerland and the Isle of Man.

Is the European Central Bank Still Solvent?

In addition to Deetz and Papadia, the debate panelists will include David Marsh, Co-Chairman of OMFIF; Cornelia Meyer, Chairman and CEO of MRL Corporation Francesco; and John Nugee, Vice-Chairman of the OMFIF Advisory Board and Senior Managing Director of

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