02/16/2024
Commerzbank increases net profit for 2023 to €2.2 billion
Strategy is delivering
Retail Banking
02/14/2024
Citi hails positive impact of banking disposal at Tesco
Tesco said it expected to rake in a further £100m after the settlement of regulatory capital amounts and transaction costs.
02/01/2024
Poland's Bank Millennium Q4 profit falls less than expected
Quarterly net interest income, adjusted for the cost of Poland's mortgage "payment holiday" scheme, amounted to 1.28 billion zlotys
01/29/2024
Barclays announces 20 more branches to close - full list and dates
Almost 6,000 bank branches have now closed across the country with the move accelerating
01/26/2024
BPCE sounds out rivals for asset management tie-up
AXA was reported to have explored the possibility of a tie-up with Natixis Investment Managers in 2017, but a deal never materialised.
01/25/2024
HSBC regains crown as top UK dividend payer for first time since GFC
Overall UK dividends down 3.7%
01/24/2024
A New Chapter Begins for CCF (Crédit Commercial de France), the French, Wealth and Human-Scale Bank
CCF provides tailored-made support to both individuals and professionals, offering a combination of relational excellence, expertise, and a commitment to fluidity and simplicity.
01/16/2024
NatWest offers IP-based lending to support high growth businesses
Natwest will use valuations provided by specialist IP evaluation company ‘Inngot’ to identify and evaluate relevant assets that could be taken as security for loans.
01/16/2024
Danske Bank to enhance customer experience with new platform
Backbase, a private fintech company founded in 2003 and headquartered in Amsterdam, is a renowned expert in engagement banking platform solutions worldwide.
01/04/2024
HSBC reportedly eying Tesco Bank acquisition
The UK's largest banks have been linked to potential buyers of Tesco Bank. HSBC is the latest.
01/03/2024
Mortgages in Swiss francs are expensive for the French bank
The customers claimed that they had been tricked into taking out risky mortgages in Swiss francs by the BNP subsidiary during the financial crisis.
01/02/2024
HSBC Continental Europe: Completion of the Sale of Retail Banking Business in France, Including the Sale of HSBC SFH (France)
My Money Group and CCF are under the control, directly or indirectly, of funds and accounts managed or advised by Cerberus Capital Management L.P.
12/29/2023
Full list of bank closures happening in 2024 including Lloyds, Barclays and NatWest
Data from consumer champion Which? shows 5,791 branches have shut for good since January 2015 - and there are 189 more closures scheduled for 2024
12/28/2023
EBRD, EU and UniCredit support green SMEs in Bosnia and Herzegovina
The proceeds will enable UniCredit to continue supporting local SMEs’ investments in green and sustainable technologies.
11/27/2023
Santander chair Ana Botín welcomes UK banker bonus cap removal
Lender says it could change way it pays staff after rule brought in following financial crisis is scrapped
11/17/2023
Lloyds replaced by NatWest as Barclays' preferred UK banking play
It looks for a substantial rebound in net interest margin (NIM) and earnings, ahead of consensus, driven by a best-in-class structural hedge tailwind.
11/16/2023
EBRD Agrees Subordinated Loan Facility with TBC Bank
The funding provided by the EBRD will strengthen TBC’s capital structure and support the bank’s sustainable growth.
11/14/2023
Intesa Sanpaolo gives clients more time to opt out of digital shift
The complaints prompted Italy's central bank as well as the antitrust authority to look into the way the lender was shifting the clients to the app-based unit.
11/13/2023
Private credit is no panacea for Europe’s capital market woes
Loans are moving off banks' balance sheets, but questions remain over what's filling the slack
11/13/2023
SocGen weighs sale of German unit in bid to boost returns
The deal could fetch a few hundred million euros, the sources said, asking not to be identified discussing non-public information.