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Retail Banking

08/23/2017

Dutch bank NIBC considering IPO among strategic options

Backed by our current shareholder.

08/17/2017

Barclays ring-fencing project means downtime for customers

Barclays told customers it would be carrying out work to align with new banking legislation.

08/17/2017

Bulgarian banks show interest in financing projects of SMEs under Juncker Plan

The financing of the new programme is jointly provided by BDB and EIB as part of the EU's Investment Plan for Europe.

08/15/2017

Russian lender looks to Africa for expansion

Russia's second biggest bank VTB opened its subsidiary Bank VTB-Africa in Angola in 2006

08/15/2017

Royal Bank of Scotland to cut nearly 900 IT jobs in London, union Unite says

The decade of slashing jobs has done nothing to boost morale.

08/14/2017

Government bank bailout: All but 5 per cent of bailout recovered

The spending watchdog adds that only £7billion of the £60billion bailout that Northern Rock received is still outstanding.

08/11/2017

Co-operative Bank sheds customers amid its £700million hedge fund rescue deal

Lost around 25,000 current account customers since the end of last year

08/10/2017

British bank Aldermore's first-half profit jumps 32 percent

Aldermore, one of the banks aiming to challenge Britain's "Big 5" lenders, said total customer deposits also grew more than 10 percent to 7.3 billion pounds in the period.

08/10/2017

HSBC Malta’s profitability dented by various factors

HSBC Malta reported a profit before tax of €25.9 million during the first half of 2017

08/08/2017

Monte Dei Paschi H1 Loss Exceeds 3 Billion Euros-Boersen-Zeitung

Italy published a decree authorising a state recapitalisation of Monte dei Paschi di Siena

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.

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