12/19/2016
Banks may be able to sue EU if denied transitional deal
There is no indication yet that banks are considering using the law to challenge the EU.
Retail Banking
12/14/2016
Italian banking crisis: UniCredit to raise €13bn
Bank, which has lost half its value this year, will launch Italy’s largest share issue and use the cash to remove bad debts
12/13/2016
Italy ready to bail out Monte dei Paschi if needed: Treasury source
However, its chances of success are slim and the state is likely to have to step in to make up for the shortfall, bankers say.
12/13/2016
Taxpayer stake in Lloyds Bank falls below 7% after more shares sold
In a statement today, Lloyds said the government has reduced its stake in the bank by about 1 percentage point to 6.93%, or to about 4.9 bln shares, down from 5.7 bln previously.
12/12/2016
Santander announces new investment in Mexico's banking market
Speaking at a year-end press event on Thursday, Grisi said the plan was Santander’s biggest-ever in Mexico
12/12/2016
Worlds oldest bank reels from ECB deadline reports
The board is believed to have ruled that two extra weeks would be of little use in turning around the historic bank.
12/12/2016
The HSBC branch closure hitlist...
The boastful advertising has disappeared – and so has its commitment to local communities.
12/12/2016
Barclays agrees to sell French retail business
All employees of the French retail, and wealth and investment management business will become part of AnaCap's portfolio of companies following completion.
12/08/2016
Raiffeisen, Alior end talks for sale of Raiffeisen Polish unit
As a result of the measures already implemented, the CET1 ratio (fully loaded) for RBI amounted to 12.3 per cent as at 30 September 2016
12/07/2016
Chinese investors seek permission to acquire indirect holding in Croatia's Vaba Banka
Via this transaction, the Chinese firms have become indirect shareholders in Vaba Banka.
12/07/2016
Private & Commercial Finance Receives UK Banking Licence Approvals
Private & Commercial said it is already advanced with those actions and expects to take its first deposits in the summer of 2017.
12/06/2016
BNP Paribas Is Immune To Italian Banks' Woes
Several analysts suggested the referendum could spark a sell-off in BNP Paribas given that the bank has a meaningful presence in Italy.
12/02/2016
Slovenia's NKBM Group 9-mo net profit soars as impairment losses shrink
The bank's NPL ratio went down to 14.3% at the end of September from 15.85% in December 2015.
12/02/2016
Reinvigorated Mediobanca targets European expansion
Italy’s Mediobanca is adapting its approach and preparing for European expansion, following a hiring spree in its corporate finance division, writes&
12/01/2016
Islamic bank Al Rayan forays into Scotland; to add more products
The bank was launched in 2004 with a retail focus, but an acquisition by Qatar's Masraf Al Rayan in 2014 saw a capital injection of 100 million pounds that helped expand its business lines.
12/01/2016
RBS criticism grows as bank fails to show progress
Bank’s string of setbacks raises doubts about whether turnround strategy is working
12/01/2016
Top firm to boost efforts to cut costs
RBS will be monitored by the Bank's prudential regulation authority
11/30/2016
Italy's banks might need a €52 billion bailout
Banks close to being bust have reason to mark the value of their assets generously
11/30/2016
Islamic bank opens doors to 2,000 Scots customers
Officials are getting financial technology (fintech) firms into Threadneedle Street to work on ways to use new systems to combat fraud.
11/21/2016
ICICI Bank UK PLC Launches 'Money2India Europe' in Sweden, Norway and Denmark
It is completely online and can be completedwithin 5 minutes.