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Retail Banking

01/31/2017

Lloyds Bank’s £1.75BN bet on the future of banking

Lloyds is facing up to the challenge of digital disruption

01/30/2017

HSH Nordbank sells billion­euro loan portfolio

The market transaction, HSH Nordbank’s non­performing exposure ratio will drop by around 1.3 percentage points.

01/30/2017

AIB plans to purge €1.8bn in non-performing loans

The two banks are understood to have held a series of pre-application meetings with the Central Bank ahead of a potential move to Ireland.

01/27/2017

Chancellor Philip Hammond rejects RBS sell-off

But there had been hopes that part of the state-owned bank could be sold into private hands once it settled the latest claim.

01/27/2017

Banco de Sabadell profit hit by higher provisions

Sabadell reported EUR946.9 million in net interest income, a key profit driver for retail banks

01/26/2017

RBS puts another $3.8 billion aside for US mis-selling claims

The huge provisions, which will be included in the bank's results for the fourth quarter of 2016.

01/24/2017

Ireland’s banks find moment of respite beyond ‘life or death’ struggles of old

A clear out of bad debt and a recovery in loan demand have left remaining high street lenders in better shape

01/24/2017

Lloyds bank accounts targeted in huge cybercrime attack

Banking group says none of its 20m accounts were hacked or compromised after fending off two-day denial of service attack.

01/24/2017

Bank of China officially opens branch in Serbia

Bank of China will make further contribution to China's Belt and Road Initiative through its financial services.

01/20/2017

Italy presents the European Union’s new bank-rescue rules with their first big test

For Italian banks to turn a page, Monte dei Paschi di Siena must be sorted out

01/20/2017

RBS considers accepting multi-billion pound legal hit over mortgage bond mis-selling probe

Edinburgh-based bank among the final few global lenders yet to settle in a years-long US investigation that’s garnered more than $50bn

01/20/2017

We Still Plan a Flotation

The plans have since been put on hold due to volatile market conditions.

01/11/2017

Al Rayan Bank launches Scottish buy-to-let property finance

Muslims represent just over 1% of Scotland’s population.

01/11/2017

Sale of Bradford & Bingley mortgages enters final stages

Only one UK lender Paragon Bank has made it through to the last round of bidding

01/10/2017

Co-op Bank accelerates non-core sale as crunch year looms

City sources said that both the Co-op Bank's new management team and industry regulators viewed the auction as a priority transaction.

01/09/2017

Taxpayer no longer the biggest shareholder in Lloyds Bank as Government sells down stake

The Treasury said all proceeds from the sales are used to reduce the national debt.

01/05/2017

Lone Star enters final talks to acquire Novo Banco

Bank of Portugal to negotiate offer amid continued interest from other bidders

01/04/2017

Metro Bank announces £1bn small business support fund for 2017

Bank lent £544m to businesses over 2015 and £551m in the first three quarters of 2016 alone

01/04/2017

Monese raises $10 mln for European launch

Investment into Monese represents Korea Investment Partners’ first investment in a European startup.

01/03/2017

The European Union Is Bailing Out Banks Again

So it is solvent. Isn’t it?

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