07/22/2014
Secure Trust Bank H1 pretax profit up 84 pct
The benefits of its previous acquisitions, strong controlled growth in the lending book and the entry into SME markets have contributed to a new record level of underlying profit.
Retail Banking
07/22/2014
Spain's state-owned AENA appoints banks for share sale
Spain's state-owned AENA has appointed banks Santander, BBVA, Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to run a process in which just under half the company will be privatised
07/22/2014
Spain Sells Catalunya Banc to BBVA for $1.6 Billion
Spain has taken an important step toward completing the cleanup of its banking sector by selling the state-owned Catalunya Banc to BBVA for 1.19 billion euros, or $1.6 billion.
07/21/2014
Banco Espírito Santo Reassures Retail Clients over Parent's Debt
According to the bank, retail clients held 255 million euros in debt from the holding company, Espírito Santo International SA, as of July 10.
07/19/2014
Espirito Santo International files for creditor protection
Holding company of Portugal's second-largest bank says it can't meet its obligations
07/18/2014
Nordea Estonia boosts profits in H1
The leading European financial group member Nordea Estonia's net profit was 19.1 million euros in the first half of 2014, a major improvement from 12.7 million euros earned at the same time last year, Äripäev.ee/LETA reports.
07/18/2014
RBS and Lloyds could be broken up in competition probe
The Competition and Markets Authority (CMA) today unveils the results of its study of the small business banking market and the current accounts sector.
07/17/2014
Handelsbanken 2Q net profit tops forecasts
Sweden's Handelsbanken reported on Thursday second-quarter operating profit above expectations thanks to lower loan losses and a boost from dividend income.
07/17/2014
Bidders circle as NAB offloads non-performing British loans
National Australia Bank’s $1.2 billion sale of a portfolio of British loans is picking up pace, drawing interest from four parties including giant debt investors Oaktree Capital Management and Pimco.
07/13/2014
Big Four banks lose out to easy switching
SANTANDER, Halifax and Nationwide have emerged as the big winners of the battle for current account customers, nine months on from the launch of seven-day switching service.
07/09/2014
Axis Bank, Union Bank authorized to enter UK market
The changes will ultimately offer consumers greater choice and encourage innovation
07/08/2014
TD Bank Group completes acquisition of remaining interest in NatWest Stockbrokers Limited from National Westminster Bank plc
TD Bank Group today announced that it has completed the acquisition of the remaining interest in NatWest Stockbrokers Limited from National Westminster Bank plc.
07/06/2014
The era of the traditional bank branch is dead, says BBA
New BBA study show customers want a new approach to banking in an online age
07/02/2014
Digital challenger Atom Bank scores investment
The move into digital-first banking marks an about-turn for Thomson
06/29/2014
Banco Popolare to seek mergers, freezes bad debt unit sale
Italy's fourth-biggest lender Banco Popolare will look at merger opportunities once it has passed a Europe-wide health check of the sector, and has cancelled the sale of its bad debt unit for now, its CEO told daily Il Sole 24 Ore in an interview.
06/29/2014
Ulster Bank's plans for Permanent TSB merger in balance
Ulster Bank's matrix IT system would be extremely difficult to unpick from the overall RBS group system, which would make it almost impossible to migrate customers over to the Permanent TSB system and vice versa.
06/25/2014
RBS to face fury of investors at AGM over bonuses for bank bosses
Ross McEwan, chief executive of Royal Bank of Scotland, in line for £1m a year in share allowances that sidestep EU bonus cap
06/24/2014
Popular buys Citi's retail, credit card business in Spain
Spain's Banco Popular has agreed to buy Citi's retail banking and credit card business in Spain, a sign that foreign banks are retreating from the country's financial services market in the wake of the financial crisis.
06/23/2014
Bulgaria ready to rescue Corpbank after bank run
It was not immediately clear how much capital would be needed to prop up Corpbank - which had loans of almost 5 billion levs ($3.5 billion) as of March, and capital of 622 million levs - and the subsidiary.
06/19/2014
HSBC to create 200 new jobs across Scotland
New posts will be created at offices in Glasgow, Edinburgh, Hamilton and Aberdeen.