03/26/2015
Anger as 'last bank in town' deal is ditched
Under the new regime banks will have to consult with local communities before any branch closure
Retail Banking
03/26/2015
TSC report could hurt NAB’s UK exit
Loan mis-selling allegations levelled at Yorkshire Bank and Clydesdale Bank could delay parent company National Australia Bank’s plans to leave the UK
03/26/2015
Taxpayer stake in Lloyds falls below below 22 percent
The size of the stake owned by British taxpayers in Lloyds Banking Group has fallen below 22 percent
03/26/2015
Deutsche Bank AG (USA) Might Retreat From Retail Banking
Deutsche Bank AG (USA) is weighing on strategy options
03/25/2015
HSBC to base ringfenced retail banking operation in Birmingham
António Simões tells staff of move to new offices in 2017, including relocation of 1,000 London staff, as bank insulates retail arm from riskier investment activities
03/25/2015
NatWest Banking Error Makes 21-Year-Old A Millionaire, But He Alerts Bank Of Mistake
At 21, receiving more than a million pounds in your bank account unexpectedly could make the blood rise to your head.
03/25/2015
ANZ Bank Is Interested in RBS’s Asia-Pacific Assets
Australia & New Zealand Banking Group Ltd. is interested in acquiring assets from Royal Bank of Scotland Group Plc as the U.K. lender cuts back its operations in the Asia-Pacific region.
03/24/2015
Caixabank Launches Holabank
The new customised service model features a network of 100 branches, staffed by specialist account managers and offering specific products and services to said group.
03/23/2015
German landesbanks relieve merger pressure through cooperation
A wave of burdensome financial regulation and rising competition seemed to make consolidation among Germany's five big regional public sector lenders inescapable
03/23/2015
Pair of German savings bank associations eye merger
If adopted, the plan would trigger talks aimed at creating Germany's largest regional mortgage bank, Stuttgarter Zeitung added.
03/23/2015
L&G boss says bank bashing will force lenders out of UK
Legal & General chief executive Nigel Wilson has warned banks will be forced to base themselves overseas if the bank levy continues to rise.
03/22/2015
Serbia, Turkey's Halkbank seal deal for Cacanska Banka
Serbia and Turkey's state-run Halkbank signed a 10.1 million euro deal for the sale of a 76.74 percent stake in local lender Cacanska Banka on Friday
03/22/2015
Deutsche Bank revamp plan to hit retail hardest
Deutsche Bank's retail operations will bear the brunt of its planned restructuring and will most likely be spun off in a stock market listing
03/22/2015
CEO of Top Lender Sberbank Says Worst Not Over for Russian Banks
Russian Finance Minister Anton Siluanov said this week that the worst was over for the Russian economy, which is suffering a sharp slowdown due to fallen oil prices and sanctions over the Ukraine conflict.
03/20/2015
TSB agrees £1.7bn takeover by Spain's Sabadell
Lloyds is selling its remaining 50% stake to Sabadell.
03/20/2015
Belarusbank named top national bank
The publication analyzed factors of profitability, strategy, customer service, assets, as well as their growth and competitiveness.
03/20/2015
Deutsche Bank shareholders push for sale of Postbank
Germany’s biggest lender is looking to bolster returns
03/19/2015
Societe Generale becomes shareholder in MCB Mozambique
Mauritius Commercial Bank Group and Société Générale signed an agreement on 18 March for Société Générale to become a shareholder in the Group’s Mozambique branch
03/18/2015
ICICI Bank exits Russia, sells subsidiary IBEL
The bank will cater to Russian clients through its subsidiaries in other countries
03/13/2015
Why Investors Want to Play in the Changing U.K. Bank Scene
It may be a sector beset by little but bad news, but there is a great deal of investor interest in U.K. retail and small business banking.