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Retail Banking

08/08/2017

Ex Northern Rock boss who waltzed off with £750,000 to start claiming £304,000-a-year pension

He's still padding up for Sunderland Cricket Club, totting up a decent(ish) batting average so far this season of 28.5.

08/07/2017

Latvian banks’ expenditure on managers' salaries grows by 39.1% in H1

The share of employees' wages, meanwhile, rose by 1.7 percentage points to 18.9%.

08/07/2017

Banks issue new sort codes in ringfencing of high street operations

Barclays is not alone in needing to issue new sort codes

08/07/2017

RBS is back in profit – should the government sell more of its stake?

The government has no business playing the stock market with taxpayers’ money.

08/07/2017

Bank of Cyprus set to go digital

One bank that is going through a digital transformation is the Bank of Cyprus.

08/04/2017

Mediobanca profit falls on one-off costs

Net profit for the whole fiscal year ending in June rose 24% to EUR750 million.

08/03/2017

Portugal Wants to Move on From Bank Collapse

Banco Espirito Santo collapsed under the weight of bad debts to companies held by the family-controlled Espirito Santo Group

08/03/2017

UniCredit Profit Beats Forecasts on Stronger Fees, Lower Loan Losses

The bank, which has operations in 17 countries, mostly in Europe, reported a net profit of 945 million euros

08/03/2017

Credit Agricole surprises with jump in profit

The bank's second-quarter earnings highlight a pickup in the eurozone economy after years of crisis and a slow recovery.

08/02/2017

Commerzbank swings to loss on cost of 9600 job cuts

The target is to reduce it to around €3 billion by the end of the year.

08/01/2017

Italian bank Intesa SanPaolo sees Q2 profits dip

The bank's core Tier 1 capital ratio, a key measure of the bank's strength, was 13 percent.

07/31/2017

BNP Paribas to expand further into UK property business with merger

Acquisition of property services firm Strutt & Parker will triple revenue and staff in Britain of banking group’s real estate arm

07/31/2017

Blackstone in exclusive talks with Banco Popular on property portfolio

The bailout was the first use of a stricter European Union regime to deal with failing banks.

07/31/2017

Credit Agricole Purchase of Italian Savings Banks Delayed to September

The deal was expected to be closed this week.

07/27/2017

Allied Irish Banks H1 Profit Down 25% - Quick Facts

The company said that it has returned a total of 10.2 billion euros to the State, including the proceeds from the recent IPO and 250 million euros ordinary dividend payment.

07/27/2017

Lloyds posts largest profit in eight years despite fresh spike in PPI costs

Britain's largest retail bank forced to set aside further £1.1bn to deal with PPI complaints.

07/26/2017

Metro Bank Raises Cash, Swings to H1 Profit

Britain's banking sector is dominated by the established might of Barclays, HSBC, Lloyds Banking Group, Nationwide, Santander UK and Royal Bank of Scotland.

07/25/2017

Portuguese Challenger bank reaches profitability

BNI Europa is a living proof that banks are better off by opening its platform and embrace innovation rather than trying to build everything from within.

07/24/2017

Barclays apologises to furious customers

How much maintenance does one app need?!

07/20/2017

Danske Bank reports pre-tax profits of £56.5m for first half of 2017

The bank also reported that mortgage lending had increased 7% on last year.

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