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Retail Banking

12/29/2021

Staff at BNP’s Italian bank stage first strike since 1990s

BNL said that 29.8 per cent of its employees joined the strike.

12/29/2021

Alpha Bank agrees sale of bad loan portfolio to Hoist Finance

Greek banks have been working to reduce a pile of about 30 billion euros in bad loans, the legacy of a decade-long financial crisis which shrank Greece's output by a quarter.

12/28/2021

UK bank branch numbers have almost halved since 2015, analysis finds

4,735 branches have shut or been earmarked for closure in last six years according to consumer group Which?

12/28/2021

UK lender allows homebuyers to borrow seven times salary

Habito’s mortgage terms could revive wider concerns over responsible lending practices

12/22/2021

ING to exit retail banking in France

ING is currently exploring the feasibility of an agreement for its client portfolio with third parties.

12/22/2021

BNP Paribas reached an agreement with BMO for the sale of Bank of the West

The Transaction is expected to formally close during the course of 2022, upon customary condition precedents

12/20/2021

Irish retail banks subject to most restrictive variable pay conditions in EU

Bank staff disadvantaged compared with those working in global big tech and fintech

12/15/2021

Major UK banks to roll out shared banking hubs

The retreat from the high street has led to significant concerns over access to cash for vulnerable and older people who still rely on notes and coins in their daily lives.

12/15/2021

BNPL-focused TBI Bank enters greek market

Over the past 20 years there the Bank has developed unique know-how in the field of phygital all-inclusive lending

12/08/2021

UniCredit wins Turkish regulator approval to sell Yapı Kredi stake

UniCredit is following U.S. banking giant Citigroup and top British insurer Aviva in exiting stakes in Turkish financial companies.

12/06/2021

Lloyds Bank to shift to growth mode under new chief

Charlie Nunn will raise budget for private rental business as lender targets wealth, commercial and investment banking

12/01/2021

The UK’s seventh largest bank to close 70 branches as customers move to online banking

These changes allow us to maintain an extensive branch presence across the country.

11/30/2021

New ‘purpose-built’ $1bn UK clearing bank launches in London

The First Pre-revenue Bank in History to Attain a $1.1bn Valuation

11/19/2021

Nationwide's profits more than double

Pre-tax profits rose to £853m in six months to September, from £361 a year ago

11/18/2021

Carlyle terminates discussions over Metro Bank takeover

The Board continues to strongly believe in the standalone strategy and future prospects of Metro Bank.

11/15/2021

BBVA launches offer for rest of Garanti in bet on Turkey

The bid will be carried out after BBVA receives all the necessary regulatory approvals.

11/15/2021

BNP hires advisers to explore $15 billion Bank of the West sale

Discussions are still at an early stage and no deal is certain, they said.

11/08/2021

Co-Op Bank Set for First Profitable Year After Decade of Losses

The firm generated an additional 1.1 billion pounds of gross mortgage lending in the quarter, taking the total for the year to 4.1 billion pounds.

11/05/2021

Landbay inks £500m deal with Atom Bank

Durham-based neobank Atom is planning to expand funding partnerships as part of a strategy to grow its lending book via third party lenders.

11/05/2021

Metro Bank confirms takeover offer by Carlyle

Metro Bank has engaged with Carlyle in relation to its Possible Offer and a further announcement will be made as and when appropriate.

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