11/02/2013
China Construction Bank looks to Europe for deals
He wanted to expand operations to more European countries
Retail Banking
10/31/2013
RBS avoids being split into 'good' and 'bad' banks
Royal Bank of Scotland has said it will not split into separate so-called good and bad banks, and also announced a loss for the third quarter of the year.
10/31/2013
Slovak Banking Industry Records Growing Net Income
In the first nine months of 2013, Slovakia´s banking sector recorded a total net profit of € 449m.
10/30/2013
Commerzbank's Polish arm BRE posts in-line net profit
BRE and other Polish banks have relied on retail loans
10/30/2013
Italian banks' cut plans too modest despite strike call
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
Clydesdale Bank swings to profit following job cuts
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 Sovcombank to buy local GE Money Bank
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
Lloyds Q3 profit up, but takes another PPI hit
"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
SEB Q3 Pp Profits, Credit Quality Beat Forecast
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
76% of Global Retail Banks Becoming More Innovative - RESEARCH
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
Bank of Italy examines loan books of top two banks
The Bank of Italy is examining the loan books of the country's top lenders UniCredit and Intesa Sanpaolo
10/14/2013
Raiffeisen keeps options open in Ukraine
The fact is that we repeatedly get inquiries and offers given our strong position,
10/13/2013
Labour reps hold up Commerzbank's bid to trim board: sources
The labour representatives, which in Germany are entitled to half the supervisory board seats
10/12/2013
Canadians plot £8bn raid on RBS arm
Osborne plan to break up bailed-out lender stokes bidders’ interest in the American retail bank Citizens
10/12/2013
Unicredit may consider re-listing stake in German HVB
HVB said on Sunday it had no knowledge of any planned listing of the bank, while Unicredit declined to comment.
10/10/2013
Bank of Cyprus €2.2 bln losses, recap to sustain future loan loss
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
Westpac Buys Lloyds Assets as Rules Encourage Retreat From Asia
The transaction allows Westpac, prevented from merging with its three biggest rivals, to broaden a business dominated by mortgages.
10/08/2013
British crowdfunding site wants to become a bank
The fundamental difference about what we are doing that would be different from other people with banking licences is transparency
10/01/2013
BNP Paribas CEO Says Not Interested in Buying Commerzbank
"We are going to grow organically," in Germany, he added.
10/01/2013
Intesa's ouster shows influence of old guard in Italy's banking
His departure highlights the enduring influence of these not-for-profit entities that were set up in the 1990s when the sector was privatised.