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Retail Banking

10/10/2017

Spain's Santander raises 2018 profitability target

Santander is struggling to increase earnings from its lending business in Spain where interest rates hover at historic lows and increasing competition is eroding margins.

10/05/2017

France nudges BNP Paribas towards Commerzbank tie-up

He would not be drawn on the shape of any such tie-up especially since nothing has been made official.

10/05/2017

Metro Bank reviews possible second charge market entry

But if there isn’t we won’t go there.

10/04/2017

Starling Bank becomes latest challenger to launch business account

In a market dominated by new entrants, Starling Bank has followed up what it it called Britain’s first mobile-only current account with a business offering.

10/03/2017

Nordea and DNB unite in the Baltics as Luminor Bank

The bank intends to list on a stock exchange in due course.

10/02/2017

CEO of Hungary's Top Bank Vows to Buy Five Lenders by 2019

The acquisition plans come on top of the three banks OTP has agreed to buy in the past year.

09/27/2017

A decade on from disaster, Austrian bank BAWAG plans IPO

Our planned listing will be a major milestone for BAWAG Group

09/21/2017

Italy's UniCredit signals interest in deal with Germany's Commerzbank

UniCredit has been in touch with the German finance ministry.

09/20/2017

Russia’s banking woes mount as state-run firms withdraw billions

Credit Bank of Moscow chief executive Vladimir Chubar said the withdrawals were made by one large state-run organization after the bank withdrew its rating from Expert RA, a Russian agency, this summer.

09/20/2017

Apollo considers higher bid for Slovenian bank: report

Apollo was not available for comment while Gorenjska and its biggest shareholder Sava said they could not give details on the sale process.

09/18/2017

Nordea Faces Client Mutiny in Sweden as Bank Moves Headquarters

The decision means Sweden’s regulator will no longer have full control over Nordea’s Swedish operations.

09/15/2017

Russian lenders Promsvyazbank and Vozrozhdenie plan to merge

A Promsvyazbank spokeswoman said details of the merger have not yet been finalised.

09/14/2017

Santander is frontrunner for Deutsche's Polish assets

Millennium bcp said in July its Polish bank had gone through to the second phase of the sale process.

09/13/2017

London's Metro Bank secures £18m investment for Charterhouse

Patrick Hanlon, director at Charterhouse, commented: “Charterhouse required a banking partner to assist us with the rationalisation of our mortgage lending for the commercial element of our portfolio."

09/12/2017

Billionaire to buy Credit Agricole's $1.5bn Banque Saudi Fransi stake

The deal will give Kingdom Holding a 16.2 percent stake in Fransi, making Alwaleed the biggest single investor

09/11/2017

Goldman Sachs to take on UK retail banks

Now Goldman is taking it international, aiming to launch an online deposit business in the UK about the middle of next year.

09/11/2017

Scotland's private sector growth 'slows down'

Job creation also remained strong, with many panellists reporting that salaries were being pushed up as a result of the tight labour market.

09/07/2017

Italian banking fund to invest 640 mln euros in rescue of 3 small banks

The remainder of the money still needs to be found.

09/05/2017

BNP Paribas to open branch in Romania next year

The steps have already begun, according to Economica.net.

09/05/2017

BBVA selected to buy Deutsche Bank Spain - El Confidencial

Deutsche Bank was considering pulling out of some of its European retail operations, including in Spain.

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