12/27/2017
Ex-Metro Bank chief plans specialist lender
COLG aims to launch the lender within two years and is currently in the process of obtaining a banking licence
Retail Banking
12/22/2017
CaixaBank buys Banco BPI's card business
The transactions won't result in any transfer of personnel, Banco BPI said.
12/20/2017
Deutsche Bank to cut up to 1,000 jobs in Postbank integration
Employees have until October 2018 to decide whether to accept the terms.
12/16/2017
How Harrods Stays British While Bending Backwards for Chinese Shoppers
To cater to Chinese customers, the department store has more than 200 Mandarin speaking staff and more in training
12/14/2017
BZ WBK says buys Deutsche Bank's Polish assets for $362 million
BZ WBK will pay 80 percent in shares, with the rest in cash.
12/14/2017
Intesa Sanpaolo completes transfer of assets, liabilities from Veneto Banca Romanian branch
"Former Veneto Banca customers now can benefit from the strength and reliability of one of the largest European banking Groups," the bank said.
12/12/2017
Creditspring raises £2 million investment and establishes advisory board
Creditspring has applied to the FCA for full permission for consumer credit, with plans to release more details and launch their first product in early 2018.
12/03/2017
Crédit Agricole’s head hits out at Orange Bank
Chief of France’s largest bank dismisses fintech disrupter
12/01/2017
Nordea Bank’s 6,000 Job Cuts Are Just the Beginning, Union Says
At Sweden’s Civilekonomerna union, Head of Negotiation Mikael Andersson says employees at other banks should gird for similar developments.
12/01/2017
Banco Popular agrees to sell TotalBank to BCI
BCI will acquire TotalBank for a consideration of approximately $528 million, subject to regulatory approvals and other usual conditions.
12/01/2017
RBS axes further 259 British branches as lender expands e-banking
The latest round of closures at the Edinburgh-based bank follow 180 announced in March
11/30/2017
Revealed: UK High St in CHAOS as THESE 49 major bank branches set to CLOSE
A Major UK bank has announced it’s closing nearly 50 branches across Britain.
11/29/2017
France's BPCE targets revenue growth, online banking drive
The head of Natixis said on Wednesday that it was considering various options for its equity brokerage division.
11/22/2017
UK's 15-billion-pound RBS sale to boost government coffers
RBS has reported losses of more than 58 billion pounds since 2008
11/20/2017
BNP CEO plays down big merger speculation
Several people close to the matter said last month that Commerzbank was working with two investment banks
11/16/2017
UK’s worst manager shuts up shop
We have monitored the overall investment in the fund and have concluded it is below the minimum sustainable value.
11/15/2017
Russia's Sberbank reports record net profit in Q3
Higher fee income and lower interest costs also bolstered the results
11/15/2017
Traveler-Friendly Bank N26 Will Soon Launch In The UK And USA
It was a number of things.
11/14/2017
Co-op Bank Offers Older Borrowers With Interest-Only Mortgages Equity Release Deals To Get Out
Co-op Bank Has Struck A Deal To Offload Customers Over The Age Of 55 Who Have Interest-Only Mortgages But Cannot Afford To Repay Them
11/12/2017
Bank Of Scotland PMI Finds 'Positive Start' To Quarter
Employment Across The Private Sector Increased