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Nordea Q4 Profit Down 43%; Expects 2018 Profit To Grow

Costs are being reduced as part of improved cost efficiency structures throughout the organisation.

Russia's VTB to consider purchase of Vozrozhdenie bank: agencies

Kostin told reporters at the World Economic Forum in Davos, Switzerland, that the senior management of state-run VTB would consider acquiring Vozrozhdenie after their return to Moscow.

Al Rayan Bank wins ‘Best Islamic Bank in the UK’ honour

The bank has been named as the ‘Best Islamic Bank in the UK’ at the 2017 Islamic Finance News Awards.

Gatehouse Bank partners with Blueprint

I am very pleased about this partnership, as there is clear synergy with Blueprint

HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

J.C. Flowers, which owns 5 percent of HSH, and Cerberus submitted a joint bid with a headline price of more than 700 million euros ($860 million), a person familiar with the matter had said last week.

Tandem gets banking licence after closing Harrods Bank acquisition

Tandem is an app-led banking service that lets customers see all their financial information in one place and pro-actively helps them save money.

Belgian bank Belfius IPO possible in Q2 - finance minister

Belfius, the Belgian retail arm of bailed-out lender Dexia

Banca Generali announces 2017 net inflows of €6.87 billion

Net inflows of managed products grew sharply by 50% to €6.0 billion, including €407 million recorded in December 2017.

PSD2: The new regulatory framework for payments that's set to change global banking

Its not just another banking regulation, but rather a strategy

EBRD, BNP Paribas agree on mandatory buyout of UkrSibbank's shares from minority shareholders

BNP Paribas will act as an authorized entity to acquire and fulfill all obligations under the agreement.

Ex-Metro Bank chief plans specialist lender

COLG aims to launch the lender within two years and is currently in the process of obtaining a banking licence

CaixaBank buys Banco BPI's card business

The transactions won't result in any transfer of personnel, Banco BPI said.

Deutsche Bank to cut up to 1,000 jobs in Postbank integration

Employees have until October 2018 to decide whether to accept the terms.

How Harrods Stays British While Bending Backwards for Chinese Shoppers

To cater to Chinese customers, the department store has more than 200 Mandarin speaking staff and more in training

BZ WBK says buys Deutsche Bank's Polish assets for $362 million

BZ WBK will pay 80 percent in shares, with the rest in cash.

Intesa Sanpaolo completes transfer of assets, liabilities from Veneto Banca Romanian branch

"Former Veneto Banca customers now can benefit from the strength and reliability of one of the largest European banking Groups," the bank said.

Creditspring raises £2 million investment and establishes advisory board

Creditspring has applied to the FCA for full permission for consumer credit, with plans to release more details and launch their first product in early 2018.

Crédit Agricole’s head hits out at Orange Bank

Chief of France’s largest bank dismisses fintech disrupter

Nordea Bank’s 6,000 Job Cuts Are Just the Beginning, Union Says

At Sweden’s Civilekonomerna union, Head of Negotiation Mikael Andersson says employees at other banks should gird for similar developments.

Banco Popular agrees to sell TotalBank to BCI

BCI will acquire TotalBank for a consideration of approximately $528 million, subject to regulatory approvals and other usual conditions.

Retail Banking