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Retail Banking

02/22/2017

Lloyds profits more than double to £4.2bn

Bailed-out bank increases bonus pool and will pay special dividend as it shrugs off effects of Brexit vote

02/22/2017

Metro Bank closes in on first ever profit as customer account numbers surge

The first new retail UK retail bank in a century has sought to take away business from Lloyds, HSBC, Santander, Barclays and RBS

02/21/2017

RBS required to fund £750m to challenger banks

The global banking firm will help smaller banks expand what they can offer to start-ups and small businesses.

02/21/2017

NatWest bank introduces ‘Esme’ lending platform to cope with fintech firms

Fintech startups hover over in order to increase their share in the lending sector.

02/20/2017

Russia seeks to implement Islamic finance in its banks

Russia is hoping to implement Islamic Finance system in its banks

02/20/2017

RBS plans fintech fund to stimulate banking competition

Fund is part of a plan drawn up by RBS as an alternative to the sale of around 300 branches to satisfy a condition of its 2008 bailout

02/16/2017

Low interest rates squeeze profits at Crédit Agricole

The results highlight how retail focused European banks are struggling

02/15/2017

Co-op Bank looks to pension change to help boost capital

Ranking fund as preferred creditor would give it priority in case of collapse

02/15/2017

Credit Agricole seeks to reassure over French retail bank unit after writedown

Brassac added that efforts made by the bank to maintain and develop its customer base in a highly competitive environment would pay off in coming quarters, especially given the very slow but gradual rise in interest rates.

02/15/2017

Royal Bank of Scotland to offer SME business loans within hours via digital site

RBS will provide up to £150,000 for a maximum term of five years to small businesses.

02/15/2017

Credit Agricole seeks to reassure over French retail bank unit after writedown

Credit Agricole is the last in a row of France's biggest banks to report about a challenging year for the retail business

02/14/2017

As the Co-Op Bank goes on sale, is now the time to buy UK banks?

Another irony is that, on the surface, the reasons that Co-Op Bank has struggled are common to a number of listed UK banks.

02/14/2017

Royal Bank of Scotland shares race ahead amid reports of cuts

Ultra low interest rates and looming fines mean there isn't a lot left for RBS except to cut costs

02/14/2017

Russian Retail Banks’ Near-Term Financial Prospects Improving - Fitch

Fitch Ratings reported that the near-term prospects for Russian retail banks is improving due to loan impairments and rates reduce in 2017.

02/13/2017

RBS to slash 15,000 jobs after ninth year in red

Rock-bottom rates hold back recovery at bailed-out bank

02/13/2017

Co-op Bank looks for buyers

US hedge fund owners look at options to bolster funds including selling off the troubled bank

02/13/2017

Now Santander lets you make payments using just your voice

Santander lets customers pay using voice controls in its app

02/10/2017

Full-year Italian bank earnings show bad loans have stopped growing

It’s early to say whether businesses and households are emerging from a long crisis.

02/09/2017

Metro Bank speeds up data virtualisation with Delphix

The idea was to integrate enterprise software into an existing IT stack.

02/08/2017

RBS no longer a sell says German rival

More cost cuts on the way to boost returns says broker as target prices goes up to 220p

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