10/02/2016
Italy’s Overlooked Banking Crisis Could Be Disastrous for Europe
Italy is slowly buckling under the weight of £270 billion in bad loans
Retail Banking
09/30/2016
Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp
The bank simultaneously plans to hire around 2,300 new staff focused on digitizing internal processes, meaning the net number of job cuts will be near 7,300
09/27/2016
RBS CEO Mulls ‘Uncharted Territory’ of Failure to Sell Unit
RBS must sell Williams & Glyn to meet European Union rules
09/26/2016
Brexit’s Threat To UK’s Retail Banking
English customers may be facing a world of payments hassles in the EU since Britain will be leaving payment arrangements
09/23/2016
Commerzbank eyes thousands of job cuts in strategy revamp
Commerzbank declined to comment.
09/23/2016
Exclusive: Regulators expect Monte dei Paschi to ask Italy for help
The bank is determined to see through the capital raising, if it were to disappoint, it would be left with a capital hole.
09/22/2016
Scottish Widows adds five-year offset to mortgage range – exclusive
With our five-year fixed rate we are offering customers the best of both worlds
09/22/2016
Citigroup Said in Exclusive Talks Over Brazil, Argentina Units
The Brazil assets will probably sell for $350 million to $450 million, people have previously said.
09/22/2016
Banco BPI clears way for Caixabank deal
Regulator orders mandatory bid after investors remove voting cap in Portuguese lender
09/21/2016
Danske adapts to banking change by easing up on loans
Wholesale banking is changing and we need to adjust our business models in terms of how we provide lending.
09/21/2016
Santander pulls out of Williams & Glyn branch deal with RBS
Santander pulled out of talks
09/14/2016
Clydesdale Bank to slash £100m costs to combat Brexit slowdown
The cost cuts more than outweigh the impact of lower interest rates and any Brexit slowdown, its boss said.
09/13/2016
DBS appoints Linklaters as adviser on its US$750 perpetual capital securities offering
It was the lowest yield of any U.S. dollar Basel III-compliant AT1 offering globally.
09/12/2016
Bank of Ireland becomes first domestic bank to charge for deposits
Ulster Bank, which is owned by the Royal Bank of Scotland, is already charging negative interest rates for some large deposits in its Irish operation.
09/12/2016
TBC Bank Takes Full Control of JSC Bank Republic
The consideration is 70% payable in cash from own funds and 30% in newly issued TBC Bank shares
09/09/2016
Regulators Clear the Way to Create Italy's No.3 Lender
Banco Popolare and Banca Popolare di Milano will put their deal to shareholders after the ECB and Bank of Italy approved their all share combination.
09/09/2016
HSBC Joins Three-Way High Street Tussle For £7bn MBNA
HSBC is the third of Britain's five biggest banks to prepare a takeover bid for MBNA, the credit card giant, Sky News learns.
09/06/2016
Russia's bank Otkritie mulls Eurobond issue - source
The meetings would take place in Europe and Asia starting from Sept. 7.
09/05/2016
Barclays Africa sale said to stall as two Approaches falter
Investors are struggling to raise financing.
09/05/2016
Three Iranian banks to open branches in Munich - paper
That is why having branches of Iranian banks in Munich is particularly important for our businesses.