11/16/2020
Shares in BBVA jumped almost 16% to €3.6830, while shares in Spain's Sabadell rose 12.7% to €0.3791 as the market bet that BBVA could use part the proceeds from the sale to buy its smaller Spanish rival, which has a current market capitalis
11/05/2020
Union calls for bank changes to be put on hold during pandemic
11/04/2020
“These changes reflect our ongoing plans to continue to meet our customers’ changing needs and make parts of our business simpler.
11/03/2020
The lender also said it has 472 billion euros available in liquidity reserves.
11/01/2020
It comes as small and medium-sized lenders have been recently battling near-zero interest rates and tough competition, which have put a strain on margins.
10/30/2020
The EBRD funds will address the liquidity needs of corporates, small businesses and municipalities that are experiencing a decrease in their activities and turnover due to the spread of the virus.
10/30/2020
“Profitability is already fairly weak thanks to ultra-low interest rates, it might not take much to tip the bank into a loss."
10/27/2020
HSBC has not yet said if its plan to accelerate its restructuring will mean more jobs will go.
10/27/2020
Santander returned to profit in the third quarter following a historic loss, upgrading its full-year forecasts as customers began to recover from the initial impact of Covid-19.
10/23/2020
In late September, the state-owned bank signed an agreement with Abu Dhabi sovereign investor Mubadala Investment Company to "tap the potential of mutually beneficial opportunities ".
10/23/2020
This lay-off is a part of the lender’s global restructuring program.
10/11/2020
Marshall said while JN Bank will offer accessible products and efficient customer service to persons in the UK, the bank will be driven by JN’s mutual heritage, its traditional roots in the community and a genuine care and interest in customers.
10/06/2020
The two lenders briefly held informal talks last year and Sewing, too, privately favors a deal with UBS, Bloomberg News has reported.
10/01/2020
NAB will run a pilot of Pollinate in March 2021 before rolling out the technology across its customer network.
09/30/2020
The US launch comes nearly a decade after Deposit Solutions founded its European platform, which now connects more than 150 banks from 20 countries and exceeded the mark of $30 billion transmitted deposits earlier this year.
09/30/2020
This means having the right balance between branches on the high street and our digital platforms, enabling us to offer the very best experience for our personal and business customers across the UK.
09/28/2020
Cerberus and a rival investment firm have told HSBC they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros (US$582.70 million) into the business, sources told Reuters.
09/22/2020
Lloyds and Barclays among banks taking action due to lack of post-Brexit trade deal
09/13/2020
The headlines mask the looming risks in the wake of a fight for mortgage market share that led to looser home-loan criteria in the past three years.
09/09/2020
The facility will strengthen Raiffeisen Bank Albania’s capacity to meet the financial needs of selected clients