12/10/2019
Ecobank wins Bank of the Year and Best Bank in prestigious London awards ceremonies
Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London.
Retail Banking
12/06/2019
Santander's Openbank adds sustainable funds to its Roboadvisor solutions range
At Openbank, we are breaking through, looking for the profitability of our clients' portfolios, prioritising the inclusion of ESG/SRI funds in our automated investment strategies."
12/06/2019
TSB to adopt Iress' Lender Connect technology
Through Lender Connect, mortgage brokers will be able to securely kick start the mortgage application process and place more cases more cost-efficiently with TSB.
12/05/2019
Fears on overdraft fees as HSBC hikes rate to 40%
That fee will be abolished, in line with new FCA rules, and the bank said it will introduce an interest-free £25 buffer on Bank Account and Advance accounts.
11/26/2019
Hong Kong Conglomerate Buys Portugese Bank
One of the reasons for the acquisition is the macro trend of the Belt and Road Initiative.
11/25/2019
Virgin Money hit by £450m PPI bill
Blow for challenger bank as it gears up for growth drive
11/25/2019
Germany avoids recession in third quarter as exports grow
Exports rise 1 per cent in the quarter, according to official data
11/22/2019
Bank of Scotland launches guide for Scottish businesses
More than two million new businesses have been created since 2000, and around 400,000 are currently springing up every year.
11/22/2019
Profits fall at Nationwide
Whilst the economic outlook remains uncertain, we expect the current low interest rates and competition in our core markets to continue.
11/21/2019
Best Bank Awards: Danske Bank
Danske is voted Best bank for Scandinavian currencies at the 2019 FX Week Best Bank Awards
11/17/2019
Bank of China brokers deal to buy €155m Goodbody
Chinese will take an initial 75% stake in Irish financial services firm
11/13/2019
ABN AMRO profit falls as bank announces plan to strengthen financial crime detection
Operating income fell to EUR854 million from EUR1.09 billion, ABN AMRO said.
11/08/2019
Crédit Agricole shares fall as French retail banking disappoints
Results for the third quarter and the first nine months of 2019
11/06/2019
CaixaBank opens Barcelona flagship hub
Alongside the visual elements and technology, the “all in one” Barcelona experience is rounded off with a range of services and possibilities that go beyond strictly banking.
10/30/2019
Jyske Bank lowers outlook, rival Sydbank hikes interest rates
It will also initiate a cost-cutting programme, including staff reductions, so costs in 2020 would equal slightly rising costs this year.
10/30/2019
Santander profits take a £169m hit over PPI claims
Pre-tax profits plummeted by 43% to £785m as Santander took a PPI charge of £169m.
10/28/2019
Spain's Bankia says lending income could fall slightly in 2019
On Monday it posted a 23% drop in third-quarter net profit from a year earlier to 176 million euros due to higher litigation and loan loss provisions, slightly above an average of 173 million euros forecast by a Reuters poll.
10/22/2019
European banks run out of options to protect profits
Negative interest rates, new regulations and sluggish economy mean tougher challenges
10/22/2019
Banco Santander sells Puerto Rico unit to FirstBank for €1bn
The transaction is expected to close in the middle of 2020, subject to regulatory approvals.
10/17/2019
Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards
The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online.