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Ulster Bank to remain part of RBS

The British government has held talks with an Abu Dhabi-based sovereign wealth fund over a sale of a portion of its 82% stake in RBS.

Barclays most complained about bank

Lloyds TSB was the country's second most complained to bank, receiving a total of 422,830 complaints last year, of which 240,923 came in the second half, again as a result of rising PPI claims.

Financial complaints up by 21%, says FSA

The number of complaints rose by 21% compared with the previous six months, the Financial Services Authority (FSA) said.

French bank Natixis faces tests to winning streak

While Natixis's stock is trading far below the frothy levels of its 2006 listing, which lured big-name investors like poker-playing hedge-fund star David Einhorn, it is the only French bank to outperform European rivals since the end of 2009 when new

Deutsche Bank reclaims European crown from BNP Paribas

Assets at the Frankfurt-based company rose 14% to 2.2 trillion, or $2.9 trillion, in 2011, making it the largest publicly-traded bank in Europe for the first time in five years, according to Bloomberg data.

RBI Posts Pre-Tax Profit of € 1.4bn

Despite a challenging economic environment, RBI thus managed to achieve its highest annual pre-tax profit since the start of the financial crisis in 2008.

BNP, SocGen make strides in shedding assets

"Our No. 1 priority remains our implementation of our deleveraging plan," Bonnafe said in a presentation at a Morgan Stanley conference in London, which was webcast. "All in all, we have already achieved 70 percent of the plan."

HSBC ends operations in Slovakia

The banking giant said the decision is a direct result of the continuing five-filter portfolio review announced last year.

Barclays has "encouraging" start to year says Diamond

He added the retail business had also had a good start to the year.

UniCredit Quarterly Net Falls on Lower Revenue, Greek Bonds

Net income fell to 114 million euros ($152 million) from 321 million euros a year earlier, the Milan-based company said in a statement Tuesday.

SocGen Said to Create New Financial Institutions Unit

The unit will be led by Pierre-Yves Bonnet, currently global head of strategic and acquisition finance at the bank, said the people, who declined to be identified because the plans are private.

Wealthy Russian banker stable after attack

A wealthy Russian banker remains "critical but stable" under armed guard in hospital today after being gunned down in a suspected assassination attempt.

Fears that top rate tax cut will not keep HSBC in UK

But he said the chancellor’s decision to also increase the banking levy – to 0.105 per cent of the value of banks’ global balance sheets from 2013, up from a charge of 0.088 per cent – could result in banks paying more tax rather t

Bank of China to launch Warsaw branch

Prior to joining the Bank of China, Komasa worked for the Polish Information and Foreign Investment Agency (PAIiIZ), encouraging links between the two countries.

Deutsche Bank publishes Annual Report 2011

Deutsche Bank has published its annual report for 2011.

German regulator vetoes key Deutsche Bank exec

One source told Reuters BaFin felt Broeksmit did not have a sufficient leadership track record at Deutsche, which on Friday named three new members to its seven-member management board.

HSBC growing organically in Turkey, acquisition possible

Dexia has been seeking about 1.5 times Denizbank’s book value, people with knowledge of the process said last month.

UK should not delay too long on RBS sale -Hester

"The faster the government starts selling its stake, the better for everyone," RBS CEO Stephen Hester told Reuters on Thursday.

European client pans Goldman slowness to reassure clients

Joining a growing chorus of criticism, one of Europe's largest asset managers lashed out at Goldman Sachs Group Inc for not communicating quickly enough with clients after ex-banker Greg Smith publicly condemned the way the bank treats clients.

JPMorgan staff told go easy on Goldman's Muppetgate

It's not the way we do business," Dimon said in the memo, a copy of which was seen by Reuters.

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