05/15/2018
Commerzbank first-quarter pretax profit drops on higher costs
Stable revenues of €2.30bn (Q1 2017: €2.39bn) – revenues adjusted for exceptional items slightly higher than in Q1 2017
Retail Banking
05/10/2018
Commerzbank has to protect its home turf
Germany’s second-largest bank has been linked to a variety of foreign suitors over the past year, ranging from Unicredit to UBS to Deutsche Bank.
05/09/2018
Intesa Sanpaolo sticks to higher profit pledge after best first quarter since 2008
In recent years Intesa has switched from traditional lending activity to a business increasingly based on fees earned through asset management and insurance.
05/09/2018
Bank of London and the Middle East opens in DIFC
As a branch, BLME DIFC will manage client relationships, on-board new clients and arrange investment opportunities.
05/04/2018
TSB tells customers: ask your local postman what your bank balance is
TSB then posted a tweet on Thursday morning suggesting that customers use the Post Office to cash in cheques, pay in cash or check their bank balances.
05/04/2018
HSBC reports surprise pre-tax profit fall
The bank said revenue in the period rose 6% to $13.7bn.
04/27/2018
RBS more than triples profits while threat of US fines lingers
State-backed bank comfortably beat forecasts
04/26/2018
Diamond Bank ends UK operations
The transaction followed the bank’s divestment from its West African business, Diamond Bank S.A., which was completed in November 2017.
04/24/2018
TSB chaos as glitch hits bank accounts
However, a message on its website yesterday said there were still ‘intermittent issues’. The bank said it was ‘working as hard and as fast as we can to get these up and running’.
04/17/2018
Deutsche Bank said to shelve $4.6 billion India portfolio sale
Deutsche Bank has called off talks to sell its retail, private wealth businesses in India to IndusInd Bank after former CEO John Cryan stepped down this month
04/16/2018
Metro Bank Provides 15 Million Ease Social Housing Crisis
The group develops high-quality homes in both the private and social sectors, as well as offering award-winning rental and management services.
04/10/2018
RBI agrees to sell Polish subsidiary’s core banking operations
This is based on the tangible book value of the core banking operations of approximately EUR 815 million as of 31 December 2017 and is subject to closing accounts.
04/09/2018
The Access Bank UK Reports Profits for the 4th Consecutive Year
First year profit covering all direct costs for DIFC Branch recorded at £671k (AED 3.4m)
04/06/2018
BANCO BNI EUROPA grows significantly in 2017
Net income reached € 2.3M, increasing regulatory capital to € 23.3M and the solvency ratio comfortably above the statutory limit at 13%.
04/03/2018
UK banks sell asset-backed securities at fastest rate in years
Withdrawal of BoE programme forces lenders to find alternative funding
03/28/2018
NBU rejects Belarusian bank's motion to acquire Russian Sberbank's Ukrainian subsidiary
The decision is due to the applicant's incompatibility with the Ukrainian legislation requirements.
03/28/2018
RBI is "Best Bank in Central and Eastern Europe"
The renowned financial magazine awarded this prestigious regional title to RBI for the twelfth time in the last 15 years.
03/21/2018
Virgin Money to offer asset management service after signing joint venture
Newcastle bank has signed a partnership deal with Aberdeen Standard Investments to offer an asset management service
03/20/2018
Aldermore to push into business banking following FirstRand takeover
However Mr Monks said the lender had already identified lending to small and medium sized enterprises (SMEs) as an early priority.
03/20/2018
RBS works up plans for standalone digital bank
How RBS might brand and position any digital bank is unclear.