08/26/2014

Russia approves pumping $6.6bn into state banks

The Russian government has approved injecting 239 billion rubles ($6.6 billion, 5 billion euros) into two of the country's largest, state-controlled banks that have been hit with Western sanctions.

08/07/2014

Commerzbank profit doubles as it reduces bad assets

Commerzbank, Germany's second-biggest bank, said Thursday (Aug 7) that its net profit more than doubled in the second quarter thanks to favourable results in its retail banking operations and lower risk provisions.

08/07/2014

CMA consults on improving UK retail banking

The Competition Markets Authority is consulting on improving competitions among UK retail banking sectors to meet the needs of small- and medium-sized enterprises.