06/11/2017
UniCredit CEO confident Italian banks will help rescue Veneto lender
I am optimistic by nature and I am in this case too.
Retail Banking
06/10/2017
ABN Amro IT takes share of blame for mortgage malpractice
As a result, they often had to solve things manually, causing delays in the process
06/08/2017
Italy's banks in talks with Rome over rescuing Veneto lenders: sources
Italian banks would have to shell out 11 billion euros to protect depositors at Veneto Banca and Popolare di Vicenza if the two banks were wound down, one source said on Thursday.
06/08/2017
Banco Santander Wins Auction to Acquire Banco Popular
A few over 30 bidders placed their bids.
06/08/2017
Qatari and Swiss groups plot Co-op Bank bid
The current status of the discussions was unclear on Thursday, and sources cautioned that there were a series of significant hurdles to any deal being agreed.
06/07/2017
Santander takes over ‘failing’ rival Banco Popular after EU steps in
Spanish lender to raise €7bn to fund rescue deal for Madrid-based competitor
06/06/2017
Atom Bank postpones launch of current accounts as new rules cloud the outlook
Mullen expressed his frustration at the uncertainty clouding the market ahead of a wave of regulatory upheaval for the industry.
06/05/2017
HSBC offering cash sweeteners to persuade staff to relocate to Birmingham
The incentive scheme offers cash bonuses of between £750 and £2,500 – dependent on seniority – to encourage staff to relocate.
06/05/2017
Private equity groups up offer for Britain's Shawbrook bank
After carefully considering market feedback we are pleased to be able to make an improved best and final offer.
06/05/2017
French banks seek exit from campaign finance
Bankers and politicians alike say the system only reinforces populist perceptions of banks and the political class working hand-in-glove against the interests of the people.
06/04/2017
US hedge funds likely to stump up for Co-op bank
The repayment of a £400m bond due in September has piled pressure on the bank’s owners to find an urgent solution. Debt markets typically dry up in summer.
06/03/2017
The 12 UK banks with the best public reputation
A new study from the Reputation Institute gives all of the UK's top retail banking players a score out of 100.
06/02/2017
UK's Metro Bank buys mortgage portfolio from Cerberus Capital
The company has provided limited detail on terms of the transaction.
06/01/2017
Lloyds completes MBNA acquisition
Given the transaction will enhance Group net interest margin by c.10bps per annum there will be a c.5bps benefit to net interest margin in 2017.
05/31/2017
UK retail banks’ reputation improves but RBS, TSB and HSBC still lag, survey shows
Nationwide topped the ranking, followed by Virgin Money and Halifax
05/31/2017
Deutsche Bank gets Polish bank sale underway
Deutsche will most likely split the business, selling portfolios of zloty-denominated mortgages, consumer loans and loans for small and medium firms.
05/30/2017
Banco BNI Europa Partners with P2P Lender
The Portuguese economy has experienced strong GDP growth of 2.8% in the 1st quarter of 2017 and in 2016 captured the largest amount of foreign direct investment in the last 20 years.
05/30/2017
Commerzbank said to offer early retirement to 3,000 staff
The bank is giving some employees until the end of June to decide and others until the end of August, according to the people.
05/30/2017
Seedrs joins NatWest alternative finance panel
There is no commission paid as a result of any referrals, ensuring maximum transparency and no conflict of interest.
05/29/2017
Intesa to cut costs and close branches in strategy shift
Chief executive aims to boost insurance and asset management