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DNB to close 59 branches in Norway as online banking dominates

Norwegian bank DNB is closing branches and cutting jobs as more customers move to digital channels

Bank acquisition of Piraeus' Egypt unit complete

Abk said it has signed a deal with Piraeus Bank, one of the largest private lenders in Greece, to acquire 98.5 per cent of its Egyptian unit as part of its regional expansion strategy.

Russia's first Islamic bank to open in Kazan

The Partnership Banking Center, Russia's first financial institution established upon Islamic banking principles will start operations in March 2016 in Kazan.

UBI Banca to expand beyond Mena into South Africa and Far East

UBI Banca, which was converted into a joint-stock company in October, has opened three new representative offices since mid-2015 – in New York, Casablanca and the Dubai International Financial Centre.

Banco Popolare CEO Doesn't Rule Out Capital Increase in M&A Deal

The Italian Treasury also said Friday that the banks’ top executives are determined to fulfill the ECB’s demands

Deutsche Bank reduces branch network in Germany

Deutsche Bank is cutting its retail outlets in Germany from 700 to 500 as it looks to lower costs and adapt to digital banking.

Deutsche Bank Plans to Shut More Than 200 German Retail Outlets

The move comes after the bank hinted that it will face challenging conditions in the first quarter due market volatility

Italian Bank Prepares Government-Backed Bad Loan Sale

Italy and the European Commission agreed in January on a plan to help banks offload bad debts through a securitization program benefiting from a government guarantee.

Reports: U.K. to sell bank assets worth 16 billion pounds

Its deposits and branches were sold to rival lender Abbey, part of Santander, whereas its loans remained with the government.

For a Peek Into Greek Banking Mess Look at Eurobank-Nikas Ties

On Feb. 19, Nikas, with total debt of 77 million euros, said it signed an accord with some of its creditors involving loan writeoffs

NatWest tightens online banking security after hacks' 'hack' exposé

The UK bank's parent, Royal Bank of Scotland Group, is also shoring up its security.

Crédit Agricole to Refocus on Retail Banking

French bank’s revamp aims to boost earnings over the next three years

Private Banks Launch Own 'Bad Bank'

Germany's top private banking association has created its own national bank to help rescue or wind down ailing financial firms, Handelsblatt has learned.

Hungarian Bank Hits a Six-Year High as Chairman's Fund Invests

OTP shares advanced 3.4 percent to 6,602 forint by the close in Budapest on Tuesday, extending a six-day rally to 11 percent.

£10m payday for Metro Bank cashiers as stock market float pays off

Staff can expect further windfalls over the coming years depending on length of service and whether Metro Bank's share price keeps rising.

UK P2P Lender Partners With Metro Bank

This will allow the bank to lend its funds on our platform, a first of its kind in the UK

Metro Bank floats for £1.6bn

Around 70pc of the investors are American.

Italy's weak banks face ECB ultimatums as deposits ebb

They're just the most recent of the country's lenders to draw special attention from the ECB

Sale of ZUNO to the Alfa Banking Group will not be concluded

The reasoning for selling Zuno was to reduce complexity and minimize overlap within the group.

Alpha Bank Looking To Cut Staff by 20%

Alpha Bank, which operates in Cyprus since 1998, currently employs 900 people with the retirement scheme plan looking to slash that figure down to around 170 workers.