05/16/2017
Lloyds bank 'back in private hands after Government sells final stake'
At its peak, Lloyds was 43% owned by the state after the Government spent £20.3 billion of taxpayers' cash to bail it out during the banking crisis.
Retail Banking
05/15/2017
Al Rayan Bank Opens New London Office
Al Rayan Bank’s real estate asset book now exceeds £1.2bn
05/15/2017
Seylan Bank raises US $ 75mn to expand small and medium enterprise lending
This is a significant moment for the bank. It is the first time that we have partnered with three globally recognized and respected DFIs, an investment fund and a regional bank.
05/15/2017
Russian bank VTB beats forecasts with $488 mln Q1 profit
It has seen its financial performance recover in recent quarters as the Russian economy is gradually emerging from a deep slump linked to weak oil prices.
05/15/2017
Litigation funder bought by banking giant in £31m deal
Close Brothers, which posted pre-tax profits of £131.4m for the six months ending 31 January 2017, describes itself as a group focused on building ‘leading positions’ in the specialist markets in which it operates.
05/14/2017
Co-op Bank close to bolstering balance sheet
A sale is still on the cards after it received several offers last month
05/11/2017
UniCredit Beats Estimates as Mustier's Cleanup Takes Hold
The bank is targeting 4.7 billion euros of net profit in 2019 in a strategy focused on shedding bad loans
05/11/2017
KBC posts profit on higher lending, deposits
Our lending and deposit volumes as well as our assets under management continued to grow in the first quarter 2017.
05/10/2017
Italy’s Mediobanca sees profit jump as net interest income, fees rise
Its Texas ratio, a measure of bad loans as a proportion of capital reserves.
05/10/2017
The second wave of challenger banks
ClearBank’s core banking technology and API has been developed in accordance with ISO 20022 and is purpose-built for simple access through a single connection to multiple payment options.
05/09/2017
Bank of Ireland UK offers support to local companies Scaling for Growth
The programme forms part of the Learn Grow Excel suite of private sector business support provided by the Northern Ireland Chamber of Commerce and Industry to local businesses.
05/09/2017
Norway's sovereign wealth fund backs RBS new remuneration policy
We commend the Board's willingness to challenge conventional thinking on remuneration, the fund said in a statement.
05/09/2017
RPT-Commerzbank gets one-off boost as core business struggles
The lender has launched a 6 billion euro loan offering for small- and medium-sized companies as it seeks to benefit from growing loan demand in anticipation of rising interest rates.
05/04/2017
Challenger bank plans to invest £55 million in tech this year
Has already has a banking app for customers who have opened accounts in one of its branches but it plans to launch the ability to let new customers open their first account entirely online later this year.
05/03/2017
RBS investors urged to reject CEO pay award
The firm said that the reduction in bonuses available to McEwan and Stevenson was not enough to offset "uncertainty around how performance will be assessed.
05/02/2017
Two Iranian Banks Opening Munich Branch
The visit by the Bavarian delegation to Tehran is the latest in a series of bilateral talks between Iran and Germany.
05/02/2017
A $1 Trillion Asset Management Boom Is a Guide to Nordic Banking
The question is whether that’s the outcome the authorities setting the regulatory and monetary environment had hoped for.
05/02/2017
EU clears UBI banks' acquisition of three rescued Italian lenders
The operation was considered in line with EU state aid rules, the Commission said.
05/01/2017
Former AIB chief banks on AI as he takes on UK big four
It sounds grandiose but it’s not meant to be.
04/28/2017
RBS beats forecasts with swing to £259m profit
The boost in income and cost reduction helped RBS post a pre-tax adjusted operating profit of £1.4bn in the quarter, up from £440m in the same period a year ago.