12/30/2014
For those who like a good yarn the saga of Bradford & Bingley, the UK bank that was hastily nationalized by the British Government in a transatlantic phone call, one would be hard pressed to beat years of obfuscation by the authorities – from wi
12/29/2014
While Novo Banco wants to fully pay back the EUR4.9 billion ($6.01 billion) capital injection it received from a bailout fund, analysts consider it unlikely the bank will fetch that much.
12/16/2014
http://www.ft.com/intl/cms/s/0/a75ca7fe-84d1-11e4-ba4f-00144feabdc0.html#axzz3M2iYb1Ql
12/05/2014
Economy Minister Mihaly Varga said the transaction was expected to close by the end of July 2015.
12/05/2014
The board of country’s largest private sector lender ICICI Bank on Friday approved sale of the bank’s shareholding in its Russian subsidiary ICICI Bank Eurasia, to a third party Sovcombank.
12/04/2014
The head of Sberbank, Russia's largest lender, said Thursday that the banking sector was grappling with huge liquidity problems and warned that there was no easy money for Russian companies to be found in Asia, the Prime economic news agency reported
12/03/2014
The portfolio consisted of Virgin Money credit card assets, which MBNA has been marketing and distributing since 2002.
12/03/2014
Hungary is ready to buy more banks should they decide to exit the country, a government official at the Economy Ministry told CNBC on Monday.
12/01/2014
The chief executive of Commerzbank is predicting a wave of mergers among Germany's cooperative and savings banks.
11/30/2014
Hypo had agreed in principle to sell the asset to US private equity group Advent and the European Bank for Reconstruction and Development.
11/28/2014
RBI thereby receives all four important awards as best bank in CEE
11/27/2014
Loans were acquired from Lloyds and was previously managed by Certus
11/27/2014
German bank BayernLB has objected to Austria's handling of the planned sale of Hypo Alpe Adria's Balkans network, dealing a setback to Vienna's campaign to wind down the bank it had to nationalise in 2009.
11/26/2014
The firm, which has 53,000 staff, said the cuts will occur over the next three years and lead to annual gross savings of about 270 million euros from 2018.
11/24/2014
Yorkshire and Clydesdale banks are set for a £2 billion flotation, as their owner the National Australia Bank prepares to exit the UK.
11/23/2014
Fourteen banks in the Republic among those being shut as fears grow for rural areas
11/23/2014
Banks to float as owner quits UK
After years of trying to build a British franchise under the Yorkshire and Clydesdale brands, NAB said recently that its “absolute priority” was to quit the UK.
11/20/2014
Spanish bank BBVA is in advanced talks to raise its stake in Garanti
11/17/2014
The Australian owner of Clydesdale and Yorkshire banks says selling off the UK businesses is becoming more likely due to improving market conditions.
11/14/2014
As a result, ABN Amro said, it expects to cut 650 to 1,000 full-time jobs by 2018 in its retail bank.