11/28/2013
Lloyds Sells Off Commercial Property Loan Portfolios for £860m
Private equity firm Cerberus snaps up commercial assets worth £1.9bn
Retail Banking
11/28/2013
The Banker awards RBI again as Bank of the Year in CEE
Five RBI subsidiaries, Priorbank in Belarus and the Raiffeisen Banks in Croatia, Kosovo, Romania and Serbia had also reason to be happy last night, having received the local title as "Bank of the Year" in their respective countries.
11/28/2013
New Lloyds chairman Lord Blackwell plots speedy sale of taxpayers' stake
Blackwell will work closely with chief executive Antonio Horta-Osorio on the next three year strategic review.
11/27/2013
Credit Agricole to Close 50 Bank Branches by 2015
The retail bank will also open two offices in the Ile de France region, Reuters reported citing French daily Les Echos.
11/26/2013
Standard Chartered first British bank to open Iraq branch
Branch in Baghdad will allow Standard Chartered to offer full client banking in Iraq
11/26/2013
Erste Asset Management marks EUR 1.2 bln assets in Romania, five years after launch
The company, which runs five investment funds, is currently processing more than 1,000 operations a day
11/24/2013
RBS accused of forcing small firms to default
Compiled over the past six months, it focuses on claims against the bank's Global Restructuring Group, which deals with risky loans.
11/22/2013
Yorkshire Bank boss sees pay treble as losses fall to £27m
The pair benefited from the return of short and long-term incentive schemes, which had been axed in 2012 after National Australia Bank said performance was “not where it needs to be”.
11/22/2013
TSB £2bn flotation planned for next year
An institutional roadshow is expected to begin as early as January, as TSB’s management team prepares to market the UK-focused retail bank to investors.
11/21/2013
New RBS boss hints at move away from branch banking
The use of mobile apps and "self-service centres" can increasingly meet the needs of customers.
11/20/2013
Acquisition of UniCredit Bank by Swedbank allowed in Latvia
The Financial and Capital Market Commission today gave the go-ahead for acquisition of part of UniCredit Bank's Baltic portfolio by Swedbank
11/19/2013
Russian Bank Closed Over Alleged Money Laundering
Russia's central bank revoked the license of a medium-size Moscow-based lender.
11/17/2013
Scotland has first Dementia-friendly bank
The Bank of Scotland has been named Scotland's first official Dementia Friendly Bank after working to raise awareness of the disease among its staff.
11/16/2013
Lloyds Chief Set for £2.3m Bonus
The boss of the state-backed banking group stands to receive just over three million shares should the stock close above 73.6p on Wednesday.
11/14/2013
Monte Paschi posts third quarter loss, bad loans rise
Italy's scandal-hit Monte dei Paschi posted its sixth straight quarterly loss in the three months to September,
11/13/2013
Bradford & Bingley repays £3.8bn to taxpayers
Ukar Payments To Taxpayers Reach £3.8 Billion In the First Nine Months of 2013
11/13/2013
OTP Bank sees lower risk costs ahead - deputy CEO
Hungarian lender OTP Bank is likely to need less risk provisioning in the future as risk coverage against its non-performing loans has reached a historic high and the stock of bad loans has begun to decline
11/12/2013
BNP Paribas to buy Belgian Fortis stake for 3.25 billion euros
BNP Paribas has agreed to buy the Belgian state's 25 percent stake in BNP Paribas Fortis for 3.25 billion euros $4.36 billion (2.72 billion pounds) in a move that will help the country keep its commitment to lower public debt.
11/12/2013
Intesa Sanpaolo 3Q profits plunge by almost half
The results show choppy economic waters are having a negative effect on Italy's banking system.
11/10/2013
Standard Bank puts UK unit up for sale to focus on Africa
Standard Bank has announced the latest step in its long-term strategy of selling off its non-African operations with Friday’s Stock Exchange News Service