01/14/2014
Peripheral banks struggle after frenzy
Peripheral banks, which were greeted by frenzied investor demand last week, are struggling to breach the €1bn demand mark for their latest deals as buyers buckle under the weight of recent supply.
Retail Banking
01/13/2014
German banks urge clarity on contingent bond rules
Germany's commercial banks urged regulators on Friday to quickly clarify whether they can issue billions of euros in bonds to fulfil new capital requirements aimed at limiting the damage from future financial crises.
01/10/2014
Thousands more RBS staff face axe in £1bn cuts plan
ROYAL Bank of Scotland is preparing to cut thousands more jobs as it looks to reduce an estimated £1 billion of costs after suffering crippling losses.
01/09/2014
Lord Burns steps down from Santander board
A former permanent secretary to the Treasury and current chairman of Channel 4, Lord Burns has enjoyed a string of high profile roles since quitting the public sector including a stint as chairman of Marks & Spencer.
01/07/2014
Co-op Bank boss Flowers was right choice at time, says FCA
The deal was required after it emerged the bank faced a £1.5bn black hole. In addition to the bank's financial problems, it was hit by scandal when Mr Flowers was arrested for alleged drugs offences.
01/06/2014
Austria's Erste says will not leave Hungary
Foreign banks which have units in Hungary include Austria's Raiffeisen and Erste, Italian lender Intesa Sanpaolo and Unicredit, Belgium's KBC , German bank Bayern LB, Citi and the banking arm of General Electric.
01/06/2014
HSBC losing out in UK account switching battle
HSBC has lost more customers since the introduction of the UK’s account switching service than any other major retail bank
01/04/2014
Austria's Liebscher sees Hypo bad bank decision in Q1
The head of an Austrian task force handling ailing Hypo Alpe Adria wants the government to decide in the first quarter on what kind of "bad bank" could absorb toxic assets from the nationalised lender.
12/31/2013
RBS Chief McEwan Handed £1.5m of Shares
Bank chief executive awarded the shares as part of previously agreed recruitment package
12/28/2013
NatWest Bank Targeted in Cyber-Attack
We have taken the appropriate action to restore the affected websites
12/24/2013
HSBC quits workplace pension market
However, it has now confirmed it will also withdraw services for direct commercial clients.
12/16/2013
Ring-fence Costs Could End Free Banking in UK
Leading think tank says separating investment and retail banking will lead to higher costs on the high street
12/16/2013
UniCredit named Financial Advisor of the Year in Italy and Central and Eastern Europe by Financial Times and mergermarket
UniCredit has been named Financial Advisor of the year in Italy and Central and Eastern Europe at the Financial Times and Mergermarket annual European M&A Awards yesterday.
12/16/2013
Lloyd's of London appoints first female chief executive in 325-year history
The company is to be run by 30-year industry veteran Inga Beale from January. Currently the chief executive of Canopius, a Lloyd's managing agent thought to be the subject of a takeover bid, Beale will replace Richard Ward who surprised the industry
12/11/2013
Intesa Sanpaolo rules out investment in Monte Paschi
The management of Italy's Monte dei Paschi, which is trying to avoid state ownership, had hoped to carry out the cash call already in January.
12/09/2013
HSBC plays down prospect of listing UK banking arm
The Financial Times on Monday said HSBC was considering selling 30 percent of its UK arm.
12/08/2013
HSBC considers floating UK banking business
The British government said in October that it would accelerate the process of splitting up any bank that tries to circumvent new rules designed to ringfence their retail operations from riskier investment banking activities.
12/04/2013
BNP Paribas Group acquires Bank BGZ in Poland
This transaction is expected to have a minor impact (around -15 basis points) on BNP Paribas Group’s Basel III Common Equity Tier 1 ratio and to immediately have an accretive effect on its net income per share (2013 pro-forma).
12/01/2013
Deutsche Bank selling Russian subsidiary to Aton
The deal, which needs approval from Russia’s Federal Antimonopoly Service, would make Aton the 100% owner of DUCM
12/01/2013
Italy's Top 3 Banks Boost Core Capital with SIA Sale
UniCredit, Intesa Sanpaolo and Monte dei Paschi di Siena have agreed to sell 59.3 percent of SIA