06/27/2023
CaixaBank is the first bank in Spain to launch the "wallets" service for international payments
The new FXWallets service is bringing to international payments all the advantages and security of traditional accounts
Retail Banking
06/21/2023
Santander axes popular current account as new product launched with £30 a month perk
Some Santander customers will be given the option to switch to the new account while keeping all their old details
06/21/2023
Deutsche Bank's new retail boss primed for sector shake-up
Banks have lost the role they played in society over the last 20 to 30 years.
06/20/2023
When is the next interest rate announcement and how much could it rise?
The purpose of adjusting the Bank Rate is to influence the spending behaviours of individuals, ultimately impacting the overall economy.
06/20/2023
Royal Bank of Scotland launches new fund to help community groups realise their climate ambitions
A new £150,000 fund to support causes that operate in Scotland and are undertaking a sustainability project launches today (June 19).
06/19/2023
Fidelity pushes into European corporate lending as banks retreat
Asset manager to launch fund that will make secured loans to midsized European businesses
06/19/2023
The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto
The initiative garnered support from British Prime Minister Rishi Sunak, who believes it will foster innovation, create jobs, and solidify the U.K.’s position as a leading force in science and technology.
06/16/2023
HSBC Agrees on Revised Terms to Sell French Unit to Cerberus
Nevertheless, HSBC has tweaked the terms of the deal, which is now expected to close in January 2024.
06/13/2023
Santander, last major lender to reprice, will withdraw its mortgage deals this evening
"Santander was the only lender remaining that hadn’t repriced, so this was expected."
06/08/2023
Danske Bank announces its new Forward ‘28 strategy and financial targets for 2026
Simultaneously we have focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to exceed the original financial targets we set for 2023.
06/07/2023
Barclays selects Boston Consulting Group for strategy refresh
As it looks to improve its valuation, Barclays has reportedly selected Boston Consulting Group to undertake a strategic review of its operations.
06/07/2023
ClearBank and Allica Bank partner to bolster business banking for UK SMEs
The two banks are further establishing the partnership they started back in July 2021.
05/29/2023
NatWest Group to Provide £1B in Additional Lending to UK Manufacturing to Support Net Zero Transition
Manufacturing in the UK is responsible “for nearly 10% of total economic output, and over 8% of all employment in the UK.”
05/29/2023
Al Rayan Bank UK relocates headquarters to London’s West End
The new premises at No 4 Stratford Place, W1C, will serve as Al Rayan Bank's UK headquarters and registered head office.
05/25/2023
Banca Ifis and the Mediobanca Group sign an industrial partnership in the NPL business
The partnership has a strong industrial rationale, as it strengthens Banca Ifis’s leadership position in the small ticket unsecured segment of the NPL loans market.
05/18/2023
LHV Banks extends maximum loan size to UK SMEs to £5 million
In addition to the Manchester office serving the North, LHV Bank plans to begin issuing loans in the South from its London headquarters.
05/18/2023
Rabobank raises savings account interest rate above 1 percent; First major Dutch bank
Higher interest rates at the ECB are reflected in the interest rates on savings and loans from banks.
05/16/2023
Natwest expands intermediary business development team
The change will bring more support and expertise on the phone, with the BDAs helping brokers get the information they need quickly.
05/09/2023
Why BNP, UniCredit and Other European Banks Aren’t Stressed Out
Financial institutions in Paris, Frankfurt, London and Milan aren’t seeing contagion from the US banking turmoil.
05/04/2023
Age UK calls on banks to accelerate roll out of shared banking hubs
The research also found that nearly a third of older people with a bank account (31 per cent) - equivalent to 3.25 million people[vi] - feel uncomfortable with online banking, despite its growing popularity in recent years.