09/07/2015
In an bid to counter the fragmented nature of Italy's banking system, where most banks are small and local, the government passed a law in March to make it easier for large cooperative lenders to be taken over.
09/04/2015
More changes at the top of Tungsten; Dan Loeb’s online research
09/03/2015
Both businesses, as well as operations in France, are part of Barclays' portfolio of 'non-core' businesses and assets it wants to sell or run down.
09/02/2015
There are several possibilities to set the bank up in a leaner way and to centralise some of the non-customer facing tasks at a group level
09/02/2015
Lloyds plans to close 200 branches, but it will open 50 new ones – and visitors will be in for a surprise.
09/01/2015
Opel currently has roughly 200,000 customers using its in-house banking service for car loans or leases.
08/25/2015
Britain’s chancellor George Osborne said yesterday he hoped the sale of the UK government’s shares in Lloyds Banking Group will be completed within a year.
08/21/2015
The Polish parliament’s new plan to solve the country’s Swiss franc mortgage problem could cost Polish banks $6.2bn this year, wiping out profits for 2015 and 2016, according to Institute of International Finance (IIF) research published this
08/19/2015
Khosla is tapping a network of senior financiers to help build a lender that offers loans to businesses that major banks might ignore.
08/19/2015
Deutsche Bank, Germany's biggest lender, is considering selling its stake in Chinese group Hua Xia Bank and divesting its retail banking activities in India, the business daily Handelsblatt has reported.
08/18/2015
OTP posted a consolidated profit after taxes of EUR 123 million in the second quarter of the year.
08/18/2015
Lenders are pushing hard to finally shed the bad loans of the boom years
08/10/2015
It has already raised 25 million pounds from investors and is seeking a further 75 million pounds to fund its lending, Chairman and founder Anthony Thomson told Reuters.
08/07/2015
The Magyar Posta alliance offers fresh competition for market-leading OTP Bank Nyrt., the country’s largest listed company.
08/06/2015
Our sector outlook for Russian banks is negative and most banks, with the notable exception of the national leader, Sberbank, were loss-making in the first half of 2015
08/04/2015
Treasury Chief George Osborne had earlier this year outlined plans to sell part of its stake in RBS.
08/03/2015
Advisers sound out investors about buying shares in bank as early as this week
07/30/2015
Atom, which will offer services online and have no branches, is one of a number of new British banks hoping to challenge the dominance of the country's biggest lenders, whose reputations have been hit by a series of scandals.
07/28/2015
Royal Bank of Scotland (RBS) has ended its plan to sell its United Arab Emirates cash management and trade finance business to Abu Dhabi Commercial Bank (ADCB), sources familiar with the matter said on Monday.
07/27/2015
The move is part of the bank’s drive to bring an end to price promotions.