06/05/2019
'Bad bank' repays £50bn bailout loan
Northern Rock imploded when the credit crunch struck, as it was then deprived of cash on the international money markets, which it had used as a source of funds to lend to homeowners.
Retail Banking
05/22/2019
Why Capital Group has no time for 'big name stars'
Raising the group's profile in the UK
05/21/2019
Tesco Bank exits mortgage market
The sale process will remain confidential until a transaction is confirmed and the bank said there would be no changes to customer accounts as a result of the lender’s exit from the mortgage market.
05/19/2019
Metro advisers rake in £13m fees
The banks did not agree a minimum price for the underwriting, lessening their risk of ending up with unwanted stock.
05/17/2019
Danske dumps $4.5bn in kroner as part of bank’s hedging plan
Danske’s assets are equivalent to roughly 1 1/2 times Denmark’s gross domestic product.
05/17/2019
Metro Bank’s woes are a warning: watch the metrics
When a single number becomes all important investors should be wary
05/15/2019
Santander wants to slash 3,700 jobs in Spain: union
The planned cuts are Santander's first proposal made to unions during a meeting held on Tuesday.
05/14/2019
Metro Bank shares continue to slide
It said it would raise the money via a share placing, with additional shares created and offered to new and existing investors.
05/08/2019
Societe Generale targets rise in profits at its domestic retail bank in 2020
As a result of this year's transformation, SocGen now expects costs to start falling in 2020, while it sees revenues rising, boosting return on net equity to between 11.5 percent and 12.5 percent, the bank said in a presentation to investors.
05/08/2019
Best Banks In Central And Eastern Europe 2019: Rising Demand
Banks are benefiting from accelerating economic growth in Central and Eastern Europe.
05/08/2019
Here's How Commerzbank's Potential Suitors Stack Up in Germany
Given the hurdles to cross-border bank deals in Europe, lenders that already have a meaningful presence in Germany are well positioned because they have a greater potential for savings.
05/08/2019
HSBC: Banking by Proxy?
It’s breeding is impeccable in a region that values pedigree almost as much as the British peerage does.
05/08/2019
Co-operative Bank posts losses
“Another focus area this year is to fix the basics that will provide a platform for development in future years, including concluding the separation of our IT infrastructure from the Co-op Group, and we are making good headway.”
05/07/2019
Italian banks back BlackRock's 720 million euro Carige rescue plan
The investment was carried out through the voluntary-contribution arm of Italy’s FITD depositor protection fund.
05/03/2019
UK Bank NatWest Introduces Merchant Acquiring Service For SMBs
The service is already live with some clients, but it will be available to all merchant acquiring customers by the end of the year.
05/01/2019
Italy's Intesa sees no benefit in seeking a European merger
"In Italy we have a big market share so we can't take any advantage from a merger with other banks," Messina added.
04/30/2019
Hungary's OTP eyes fresh acquisitions in Balkans
The prominent Croatian daily Jutarnji List reported that OTP is interested in acquiring Austria’s Addiko Bank unit in Croatia or a unit of another Austrian group, Raiffeisen.
04/29/2019
Spain's Bankia quarterly net profit falls but still beats forecasts
Analysts will be watching for any comments Bankia’s management make at a news conference a day after the Socialists won the elections without a majority.
04/26/2019
Santander telephone bank customers will no longer need to use security numbers
The bank is using Phone ID and biometric Voice ID technology to make the changes, which mean customers will no longer be required to key in any personal identity or security numbers when completing telephone authentication.
04/12/2019
Ex-Bank of Ireland executive plots UK challenger lender IPO
Cynergy Bank stems from the UK business built up by Bank of Cyprus over six decades