08/05/2014
Credit Agricole SA, France’s third-largest bank by market value, said profit was almost wiped out in the second quarter on charges tied to its stake in Portugal’s bailed-out Banco Espirito Santo SA.
08/04/2014
Portugal’s central bank took control of Banco Espirito Santo SA, once the country’s largest lender by market value, in a 4.9 billion-euro ($6.6 billion) bailout that will leave junior bondholders with losses.
08/03/2014
Euromoney said it believes Santander is “unique” in having a credit rating higher than its domestic sovereign
08/03/2014
Caixa Bank, Spain’s leading bank by market share, has been named the World’s Best Retail Bank for Technology Innovation for the second consecutive year by the British financial magazine Euromoney.
08/01/2014
Banco Santander SA, the largest bank in Spain, Thursday reported a rise in first-half profit despite a slight decline in net interest income.
08/01/2014
Barclays is in the middle of a restructuring and banking sources previously said it was sounding out buyers for its retail operations in the country.
08/01/2014
Bank rules out paying interest on current accounts as its boss claims the reason so few customers switch is because they are "happy"
07/31/2014
We are on the path for sustained growth regarding profits
07/30/2014
A bank spokeswoman only told AFP that "as part of the regular review of business processes, Commerzbank plans restructuring measures within Finance".
07/29/2014
One cannot sacrifice all ethical and moral standards for the sake of business
07/29/2014
Italian asset manager Banca Generali a 37 percent increase in second-quarter net profit to 49.6 million euros ($66.6 million) boosted by rising assets under management and higher fees.
07/28/2014
This understates his job title somewhat. Vaswani is Barclays’ CEO of personal and corporate banking, a powerful new job which has seen him take control of its global operations in retail, business and wealth management.
07/28/2014
The figure was also higher than profits registered in 2013, when the bank reported 509 million euros of profits.
07/25/2014
Royal Bank of Scotland (RBS) has said it expects pre-tax profits of £2.65bn for the first half of the year, up from £1.37bn last year.
07/24/2014
The new bank continues to show considerable growth but remains some way off the industry's biggest players
07/24/2014
We’ll probably take 12 months and see
07/22/2014
The benefits of its previous acquisitions, strong controlled growth in the lending book and the entry into SME markets have contributed to a new record level of underlying profit.
07/22/2014
Spain's state-owned AENA has appointed banks Santander, BBVA, Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to run a process in which just under half the company will be privatised
07/22/2014
Spain has taken an important step toward completing the cleanup of its banking sector by selling the state-owned Catalunya Banc to BBVA for 1.19 billion euros, or $1.6 billion.
07/21/2014
According to the bank, retail clients held 255 million euros in debt from the holding company, Espírito Santo International SA, as of July 10.