07/20/2022
NatWest establishes NatWest Bank Europe GmbH in Frankfurt
New European entity will be fully operational later this year
Retail Banking
07/19/2022
UBA Group Expands Operations to EMEA, Launches New Branch in Dubai
The UBA branch in the DIFC would service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services.
07/14/2022
Barclays to close more branches
Since the start of 2022, the bank has already closed dozens of its branches.
07/01/2022
Unicredit sells non-performing loans portfolio to Illimity
The sale is part of UniCredit's on-going strategy to reduce non-performing exposures.
06/30/2022
Saxo Bank named Best Prime-of-Prime Broker and Best Retail FX Platform at the FX Markets e-FX Awards 2022
For the 20th edition, the FX Markets e-FX Awards held in London recognise the dedication, skill and creativity that market participants pour into the growing, changing world of electronic foreign exchange trading.
06/17/2022
Deutsche Bank installs app on bankers’ phones to track private messages
Movius software to monitor calls and texts following widespread regulatory probes of inappropriate contact
06/15/2022
Allica Bank scores £55m in debt and equity
In addition, the lender can draw on the £30 million capital facility from British Business Investments - a wholly-owned commercial subsidiary of the British Business Bank.
06/10/2022
EBRD and ProCredit Bank support small businesses in Serbia
SMEs account for the bulk of all enterprises registered in Serbia and are the engine of the country’s economic growth.
06/07/2022
BCI Group – Banque pour le Commerce et l’Industrie announces the acquisition of CapitalCompliance and CapitalDigital from Capital Banking Solutions
Our digital solutions will allow the BCI’s customers to access their accounts, directly from home.
06/06/2022
Clearco continues European expansion with launch in Germany
The lender pledges €500m to support the German economy.
06/03/2022
UK retail figures show unconfident shoppers still staying home
Cost of living concerns and shift to working from home continue to hold footfall below pre-Covid levels
06/01/2022
Bank of Ireland completes purchase of Davy
25% of the enterprise value will be paid two years after completion, subject to Davy shareholders meeting a number of agreed criteria.
05/04/2022
Citi exploring options to sell Russia consumer business
Citi has since found buyers for many of those businesses.
05/03/2022
Barclays Hires 18 From Credit Suisse in Prime-Brokerage Push
Barclays Plc has hired 18 people from Credit Suisse Group AG’s prime-brokerage unit as the British bank continues its push to expand in the business.
04/30/2022
Germany’s Uniper to pay for Russian gas via Russia bank account
This offers some countries a loophole to keep buying Russian gas against Western currencies.
04/29/2022
CaixaBank posts an attributable net profit of €707 million
The pro-forma income statement shows a notable 4.3% reduction in recurring administrative expenses, depreciation and amortisation, reflecting the cost synergies arising from the merger.
04/25/2022
Amsterdam Trade Bank, part of Russia's Alfa Bank, declared bankrupt
A statement on the DNB website said ATB depositors would be covered up to 100,000 euros ($108,000) each under the Netherlands' deposit guarantee system.
04/21/2022
Barclays sells off half of Absa stake for £526m
The placing was made through Barclays Principal Investments subsidiary, with Absa, Citigroup, Banco Santander and Société Générale arranging the sale.
04/19/2022
SocGen launches payment and transaction banking accelerator programme
Firms have until the end of May to apply for the six-month incubation period, during which they will get access to SocGen's expertise and the chance to try out their offerings in real-life business environments.
04/05/2022
Santander to reallocate costs of corporate centre to business units
The change in the group's financial reporting will have a negative impact of 766 million euros ($841 million) on the country units' net interest income, a measure of earnings on loans minus deposit and wholesale funding costs.