05/07/2014
The merger completed in August 2009 and saddled Co-op with a large, high-risk commercial loan book, created major implications for its IT platform and brought with it many staff who “lacked experience.
05/02/2014
RBS Pre-Tax First Quarter Profit Hits £1.6bn
The taxpayer-backed Royal Bank of Scotland has seen a large rise in its first quarter profit, compared to the same period last year.
05/01/2014
Lloyds Bank has said it is making "good progress" as it reported a 22% rise in underlying first quarter pre-tax profit to £1.8bn.
05/01/2014
Bank to list 632-branch business before end of June as first-quarter profits slide
04/29/2014
RBS is preparing an approach to a number of private equity firms
04/25/2014
The bank circulated an email confirming the suicide, adding it was a "very painful moment for the company."
04/24/2014
More than one-quarter of the countries in the WRBR’s Voice of the Customer survey reported a decrease of more than 10 percent in the share of customers with positive experiences
04/22/2014
Corrected- Credit Agricole to sell 50 pct stake in Belgian bank Crelan
French bank Credit Agricole said on Tuesday it had agreed to sell its 50 percent stake in Belgian bank Crelan, Belgium's seventh-largest banking group, to Belgian cooperative banks.
04/21/2014
BNP Banker, His Wife And Nephew Murdered In Belgium
In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy Lichtenstein by a disgruntled client.
04/20/2014
Credit Agricole shuts down its Crimea operations
French bank Credit Agricole has closed its central branch in Crimea, the last one in the Black Sea peninsula that was still operating, a local call centre employee told Reuters as foreign banks withdraw from the Black Sea peninsula following Russia's
04/16/2014
They are considering pooling bad loans into separate units
04/14/2014
Numis Securities says the sale is twice the book value of the Australian business
04/14/2014
Anthony Thomson, the co-founder of Metro Bank, has said he will hold on to his shares in the group despite unveiling plans last week to launch a rival.
04/09/2014
The bank, called Atom, will be the UK’s first truly digital bank and is expected to open for business in 2015. It will be headquartered in the North East.
04/07/2014
The sale is part of the liquidity-strapped group's strategy of focusing on core businesses and markets, and disposing of other operations.
04/03/2014
Rome. Italy’s second largest bank by assets Intesa SanPaolo opened talks with several leading distress debt investors for the sale of part of its non-performing loans worth EUR 27 billion, CEO Carlo Messina announced
03/27/2014
Sberbank, Russia’s biggest bank, posted a 4.1 per cent rise in full-year earnings, falling short of its own target as it increased provisions for loan-losses in a deteriorating economy.
03/21/2014
Deutsche Asset and Wealth Management to list exchange traded funds (ETFs) and systematic Croci funds on platforms as part of UK retail expansio
03/19/2014
The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen
03/17/2014
The future of the scandal-hit Co-operative Group is in crisis today after it emerged that the company has been weighed down by with 'debt' and riddled with bad 'governance'.