11/05/2014
UniCredit, Italy's biggest bank by assets, put debt collector unit UCCMB up for sale at the beginning of the year, with the aim of strengthening its balance sheet and freeing up funds for new lending.
10/27/2014
Banca Monte dei Paschi di Siena SpA, Italy’s third-biggest bank, said it hired UBS AG and Citigroup Inc. to explore all strategic options as it considers how to replenish a capital gap that emerges from the European Central Bank’s review.
10/27/2014
The world’s oldest bank, twice bailed out in the past five years, must replenish €2.1 billion (RM8.74b) within nine months to meet European Central Bank requirements for capital buffers.
10/24/2014
The bank, which was spun off as a separate business by Lloyds Banking Group in June, said nearly one in 10 new bank account customers in the UK were choosing TSB.
10/16/2014
More than 1.2 million Britons switched bank accounts in the first year of new rules making it easier to change banks, a 22% increase on the previous year and marking some progress in the government's drive to boost competition.
10/16/2014
Regulators probing Banco Espírito Santo SA, the large Portuguese bank whose collapse rattled global markets this summer, have focused in public on relatively recent problems that doomed the lender and its affiliated companies.