09/01/2017
Au revoir: Barclays completes sale of French retail banks to private equity firm AnaCap Financial Partners
French private equity firm AnaCap is also invested in UK challenger bank Aldermore
Retail Banking
08/31/2017
More German Banks Looking to Merge as Low Rates Weigh-Watchdogs
The survey revealed that about 10 percent of the banks are currently in actual merger talks and that half think mergers in the medium-term are likely.
08/31/2017
Chesnara Interim Profit Jumps After L&G Netherlands Acquisition
Chesnara raised the interim dividend by 2.9% to 7.00 pence from 6.80p last year.
08/31/2017
BNP Paribas opens subsidiary in Romania
The consumer loans firm Cetelem will thus become a BNP Paribas branch in Romania, on the ING Bank model.
08/31/2017
BBVA in talks to sell Chilean bank to Scotiabank
The bank said this week its capital strength, which is the strongest of Canada’s major banks, gave it “flexibility to grow and invest.”
08/31/2017
Pimco joins race for Danske Bank's €2bn retail loan book
The California-based money manager, which was thrown into turmoil three years ago following the exit of its prominent co-founder, Bill Gross, oversees US$1.61trn in assets.
08/30/2017
Baltics roundup: Nordea and DNB to merge operations
Nordea has built a strong position within the large corporate segment whereas DNB is active with smaller companies.
08/29/2017
UK challenger Bank launches
The bank’s main focus will initially be Hertfordshire, Bedfordshire and Buckinghamshire as well as in Warrington
08/28/2017
Ultra-low rates put squeeze on Germany’s small banks
Most have an excess of deposits and now have to pay fees to park money at the ECB
08/25/2017
Russia's Otkritie sells stake in Cyprus bank
Otkritie bought the stake in RCB in 2014 through a $124 million additional share issue.
08/24/2017
British banks set to close record 762 branches this year
Lloyds Banking Group will shut 195, while HSBC and Barclays will close 117 and 90 to 100 respectively.
08/23/2017
Commerzbank and BNP Paribas part ways over lending JV
Commerzbank introduced its own digital instalment loans in the first half of the year.
08/23/2017
Dutch bank NIBC considering IPO among strategic options
Backed by our current shareholder.
08/17/2017
Barclays ring-fencing project means downtime for customers
Barclays told customers it would be carrying out work to align with new banking legislation.
08/17/2017
Bulgarian banks show interest in financing projects of SMEs under Juncker Plan
The financing of the new programme is jointly provided by BDB and EIB as part of the EU's Investment Plan for Europe.
08/15/2017
Russian lender looks to Africa for expansion
Russia's second biggest bank VTB opened its subsidiary Bank VTB-Africa in Angola in 2006
08/15/2017
Royal Bank of Scotland to cut nearly 900 IT jobs in London, union Unite says
The decade of slashing jobs has done nothing to boost morale.
08/14/2017
Government bank bailout: All but 5 per cent of bailout recovered
The spending watchdog adds that only £7billion of the £60billion bailout that Northern Rock received is still outstanding.
08/11/2017
Co-operative Bank sheds customers amid its £700million hedge fund rescue deal
Lost around 25,000 current account customers since the end of last year
08/10/2017
British bank Aldermore's first-half profit jumps 32 percent
Aldermore, one of the banks aiming to challenge Britain's "Big 5" lenders, said total customer deposits also grew more than 10 percent to 7.3 billion pounds in the period.