10/23/2013
SEB Q3 Pp Profits, Credit Quality Beat Forecast
Swedish banking group SEB reported on Thursday a bigger-than-expected rise in third-quarter operating profits as it beat forecasts on most income lines and credit quality improved.
Retail Banking
10/20/2013
76% of Global Retail Banks Becoming More Innovative - RESEARCH
This year’s study, which surveyed 148 banks in 66 countries, revealed that as the global economy recovers, retail banks across the world are increasingly investing in innovation as a means of generating revenue and controlling costs.
10/14/2013
Bank of Italy examines loan books of top two banks
The Bank of Italy is examining the loan books of the country's top lenders UniCredit and Intesa Sanpaolo
10/14/2013
Raiffeisen keeps options open in Ukraine
The fact is that we repeatedly get inquiries and offers given our strong position,
10/13/2013
Labour reps hold up Commerzbank's bid to trim board: sources
The labour representatives, which in Germany are entitled to half the supervisory board seats
10/12/2013
Canadians plot £8bn raid on RBS arm
Osborne plan to break up bailed-out lender stokes bidders’ interest in the American retail bank Citizens
10/12/2013
Unicredit may consider re-listing stake in German HVB
HVB said on Sunday it had no knowledge of any planned listing of the bank, while Unicredit declined to comment.
10/10/2013
Bank of Cyprus €2.2 bln losses, recap to sustain future loan loss
The bank’s restructuring, imposed by the Eurogroup of euro zone finance ministers in March as part of a 10 bln euro bailout for bankrupt Cyprus
10/09/2013
Westpac Buys Lloyds Assets as Rules Encourage Retreat From Asia
The transaction allows Westpac, prevented from merging with its three biggest rivals, to broaden a business dominated by mortgages.
10/08/2013
British crowdfunding site wants to become a bank
The fundamental difference about what we are doing that would be different from other people with banking licences is transparency
10/01/2013
BNP Paribas CEO Says Not Interested in Buying Commerzbank
"We are going to grow organically," in Germany, he added.
10/01/2013
Intesa's ouster shows influence of old guard in Italy's banking
His departure highlights the enduring influence of these not-for-profit entities that were set up in the 1990s when the sector was privatised.
09/30/2013
Ex-Eurhythmic Dave Stewart and Former Credit Suisse CEO to Launch Global, Artist-Focused Bank
David Stewart, one half of the Eurhythmics, and former Credit Suisse Europe, Middle East and Africa chairman/CEO Michael Philipp have revealed their plans to launch a creative-focused banking services company, to be called First Artist Bank.
09/29/2013
Polish Bank Zachodni looks to buy local rivals -CEO
Bank Zachodni WBK, the Polish arm of Banco Santander, wants to continue taking an active role in the consolidation of Poland's financial sector after completing the purchase of rival Kredyt Bank
09/28/2013
RBS sells 314 bank branches to Corsair consortium
The business will eventually be sold as a stand-alone public company in 2015 at the earlies
09/28/2013
Polish banks should be smart in buying foreign-owned rivals: central bank
It is not about taking something from somebody
09/27/2013
Icelandic Bank Says It Cannot Meet £1.5bn Debt Repayment Schedule
New Landsbanki, the state-owned Icelandic bank forged in the midst of the 2008 Icesave scandal, has asked for more time to repay a £1.5bn bond that is threatening to destabilise Iceland's recovering economy.
09/25/2013
Raiffeisen to buy specialist units to cut more costs
The Austrian banking group said on Thursday the move would cut its capital adequacy ratio by 0.2 percentage points but save 25 million euros a year from 2017
09/23/2013
Intesa faces management struggle between CEO, board member: sources
Italy's biggest retail bank, Intesa Sanpaolo , is in the midst of a management struggle between its chief executive and a board member backed by an important shareholder
09/20/2013
Will Wall Street sink the Co-op?
The financial crisis has generally acted like weedkiller for most investment banks