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Retail Banking

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.

11/18/2016

NatWest Implements Behavioral Biometrics for Online Banking

A top UK bank is rolling out behavioral biometrics to secure online transactions.

11/17/2016

KBC Group: Strong third-quarter profit of 629 million euros

Our already solid solvency and liquidity positions strengthened further.

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