01/13/2016

Banco Popolare, Banca Popolare di Milano in talks

Italy’s government set the scene for a sweeping consolidation of Italy‘s mutual bank sector more than a year ago passing a law which forced the banks to convert into joint stock companies by the end of 201

12/28/2015

Nine UK banks launch fee-free accounts

Nine High Street banks and building societies in the UK are to launch basic bank accounts which will not charge a fee for missed payments.

12/18/2015

Co-operative banking under attack in Europe

The original plan was for BRC to be bailed out with funds from Italy’s Deposit Guarantee Insurance Fund, thus ensuring that retail bondholders would not have to take losses.