06/06/2022
Clearco continues European expansion with launch in Germany
The lender pledges €500m to support the German economy.
Retail Banking
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.
03/31/2022
Curtis Banks’ fintech business ‘underperforms’
“We see it as a timing issue,” Self added. “We absolutely expect this to unwind in 2022.”
03/28/2022
NatWest: Government ends 14 years of majority ownership of bank
Government stake in NatWest reduced to 48.1%; Important landmark reached in returning the bank to private ownership; Share sale raises over £1.2 billion.
03/20/2022
Allica Bank Acquires Over £1B in Deposits from Businesses, Individual Savers
Allica Bank has also teamed up with investment management service provider, Hargreaves Lansdown.
03/16/2022
HSBC is shutting 69 branches - will yours be affected?
The announcement is the latest to reflect the impact of customers choosing to do more of their banking online.
03/14/2022
HSBC sells Greek retail bank
All staff members employed by HSBC Continental Europe, Greece at completion of the potential transaction would transfer to Pancreta Bank SA as part of the sale.
03/11/2022
Barclays EU hub loses spot as largest Irish bank
Barclays Bank Ireland swung into net profit of €195m last year
03/10/2022
BBVA is searching for newly-graduated women to join its investment banking division
This program is aligned with the bank's diversity strategy and shows the bank's commitment to promoting female profiles in areas where they are less present.
03/01/2022
Barclaycard to launch two new credit cards
The Barclaycard Avios and Avios Plus cards are available to new and existing Barclaycard customers.
02/28/2022
European subsidiary of Russia’s Sberbank ‘failing or likely to fail’: ECB
Austria blocks any “withdrawal, transfer or other transaction” till March 2