12/07/2020
Broker satisfaction with lenders hits record low
Overall satisfaction with lenders is now 77.8%, a drop of 4.9% since H1 2020, and is the lowest score reported since tracking began in H2 2018.
12/07/2020
The combination of the Societe Generale and Crédit du Nord banking networks will form a new entity at the service of nearly 10 million customers
12/02/2020
The Bank of New York Mellon opens a new branch in Denmark
BNY Mellon is a truly global bank and we’re excited that this new branch will drive growth and allow clients to access our capabilities around the world more seamlessly.
11/24/2020
The bank said it had 5.3 billion euros of loans under payment moratoria at the end of September.
11/19/2020
Lloyds to close 56 branches
Following a Covid-19-related pause, Lloyds Banking Group has resumed plans to close 56 branches across its network, affecting 160 jobs.
11/16/2020
Shares in BBVA jumped almost 16% to €3.6830, while shares in Spain's Sabadell rose 12.7% to €0.3791 as the market bet that BBVA could use part the proceeds from the sale to buy its smaller Spanish rival, which has a current market capitalis
11/05/2020
Union calls for bank changes to be put on hold during pandemic
11/04/2020
“These changes reflect our ongoing plans to continue to meet our customers’ changing needs and make parts of our business simpler.
11/03/2020
The lender also said it has 472 billion euros available in liquidity reserves.
11/01/2020
It comes as small and medium-sized lenders have been recently battling near-zero interest rates and tough competition, which have put a strain on margins.
10/30/2020
The EBRD funds will address the liquidity needs of corporates, small businesses and municipalities that are experiencing a decrease in their activities and turnover due to the spread of the virus.
10/30/2020
“Profitability is already fairly weak thanks to ultra-low interest rates, it might not take much to tip the bank into a loss."
10/27/2020
HSBC has not yet said if its plan to accelerate its restructuring will mean more jobs will go.
10/27/2020
Santander returned to profit in the third quarter following a historic loss, upgrading its full-year forecasts as customers began to recover from the initial impact of Covid-19.
10/23/2020
In late September, the state-owned bank signed an agreement with Abu Dhabi sovereign investor Mubadala Investment Company to "tap the potential of mutually beneficial opportunities ".
10/23/2020
This lay-off is a part of the lender’s global restructuring program.
10/11/2020
Marshall said while JN Bank will offer accessible products and efficient customer service to persons in the UK, the bank will be driven by JN’s mutual heritage, its traditional roots in the community and a genuine care and interest in customers.
10/06/2020
The two lenders briefly held informal talks last year and Sewing, too, privately favors a deal with UBS, Bloomberg News has reported.
10/01/2020
NAB will run a pilot of Pollinate in March 2021 before rolling out the technology across its customer network.
09/30/2020
The US launch comes nearly a decade after Deposit Solutions founded its European platform, which now connects more than 150 banks from 20 countries and exceeded the mark of $30 billion transmitted deposits earlier this year.