03/21/2017
House of Fraser pulls £29m investment in UK challenger bank
Our determination to reduce the stress people feel in managing their money is as strong today as it has ever been.
Retail Banking
03/20/2017
Russian Bank Raised Millions in Irish Shadow Banking
The notes are now almost worthless and the lender’s chief executive officer has been arrested on fraud charges related to the collapse.
03/20/2017
RBI: Successful completion of merger with RZB
The appointment of the new Management Board also takes effect today
03/17/2017
Poland’s mBank to invest €50m in fintech start-ups
The fund’s financial support, the companies can then offer their solutions to customers from around the world.
03/17/2017
Nordea could move HQ to Finland if Swedish gov't raises costs
The Swedish government is planning to raise the fee that banks pay to an obligatory EU fund intended to bail out failing banks.
03/16/2017
BNP Paribas in talks to buy estate agency Strutt and Parker
The deal would be a big vote of confidence in the British property market.
03/16/2017
New set-up for Rabobank in Africa to pool interests
Its partner Dutch development bank FMO holds 27% and Norway’s Norfund own the remaining shares.
03/15/2017
Private & Commercial Finance posts origination rise ahead of bank launch
The banking technology and infrastructure work streams have recently moved into the testing phase.
03/15/2017
Nordea and Sweden come to blows over resolution fees
The spark has been the Social Democrat-led government’s attempt to force banks to contribute more to Sweden’s budget.
03/15/2017
Government stake in Lloyds Banking Group reduced to 2.95%
The Government has no longer been the bank's largest shareholder.
03/15/2017
Bank of China to set up Irish branch as trade links grow
The bank intends to set up here under the EU financial services passporting arrangements.
03/14/2017
Lloyds in £1.3bn tech outsourcing deal with IBM
LTU claims less than 200 of the staff would continue working on the Lloyds contract after four years
03/14/2017
Small business challenger banks: the best of the best
We’ve rounded up some of the best.
03/13/2017
NatWest to launch intermediary solutions in Northern Ireland
This is a positive move for brokers in Northern Ireland as we are well placed to support the future growth and sustainability of mortgage lending in the province.
03/13/2017
Portugal's CGD bank seeks to sell Spanish, S.African operations
It planned to maintain operations in markets with Portuguese affinity.
03/09/2017
Co-operative Bank reports £477m annual loss
The result is slightly better than the £611m loss it made in 2015.
03/09/2017
Co-op Bank reports loss of £477m in 2016 as sale looms
The troubled lender is engaging with potential bidders after putting itself up for sale last month
03/08/2017
HSBC Sells US Residential Mortgage Loan Portfolio For USD1.50 Billion
HSBC said the sale was part of an ongoing reduction of its US consumer mortgage loan business, in line with its strategy to sell "substantially all" of HSBC Finance Corp's residential mortgage loans.
03/07/2017
Santander Could Cut Workforce, Branches In Germany In 2017
The Santander Group had an efficiency ratio of 48.1% in 2016
03/07/2017
Russian businessman Kim could sell his Expobank in Latvia
A single economic area and European Union regulations offer optimum conditions for merging European businesses.