06/16/2013
Britain's Co-operative Group has agreed a plan to plug a 1.5 billion pound ($2.4 billion) capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis.
06/13/2013
Scandinavia’s largest bank, sold its Polish units to the country’s biggest lender PKO Bank Polski SA for 694 million euros ($925 million).
06/10/2013
Taxpayers would not lose money as the shares would be returned to government ownership after ten years should they not rise above the floor price.
06/10/2013
The bank discovered the mistake shortly afterwards and corrected the error.
06/09/2013
“I believe there is a real opportunity for the creation of new banks that can serve the needs of individuals, communities and businesses
06/09/2013
HSBC has leapfrogged France and Germany’s largest lenders
06/04/2013
Italian asset manager said net inflows stood at 246 million euros ($322 million)in May
06/02/2013
Alpha is the first of the country's biggest banks to successfully recapitalise without falling under the full control of a bank rescue fund, which is financed from the country's international bailout package.
05/28/2013
If customer dissatisfaction remains at these record levels, the challenges we face are likely to continue for the foreseeable future
05/27/2013
The veteran HSBC banker has been made chief executive of the struggling lender The Co-operative Bank.
05/26/2013
For the next 18 months, the bank's focus will be on internal restructuring and delivering synergies
05/25/2013
The Co-op has launched a wide-ranging review into its banking business, which will address all options
05/15/2013
Financial highlights for 1Q2013 compared to 4Q2012
05/15/2013
our contribution to the Austrian banking sector is fully covered
05/14/2013
Banks need to get more efficient and that will mean from time to time
05/12/2013
UniCredit net profit hits $588m
The bank, the first of Italy's retail banks to release results for the quarter, said inflows of new bad loans had fallen in its home market for the second quarter in a row.
05/12/2013
Bank Austria Q1 net down 29 pct, loan writedowns rise
Net profit at UniCredit's Bank Austria unit fell 29 percent in the first quarter as loan writedowns in central and eastern Europe (CEE) jumped by almost a third, emerging Europe's biggest lender said on Monday.
05/06/2013
Germany's Commerzbank said Tuesday it lost 94 million euros ($123 million) in the first quarter after taking heavy charges for future job reductions as the bank tries to turn its business around.
05/01/2013
Metro Bank, the first new high street lender in Britain in more than a century, has seen losses reach more than £100m nearly three years since its launch.
04/28/2013
The business being sold consists mostly of retail mortgages and deposits