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Greek banks close as extension is refused

Greek banks and the stock exchange will be shut on Monday after creditors refused to extend the country’s bailout and savers queued to withdraw cash

Chinese bank ICBC expands business in Germany

More than 2000 Chinese companies currently operate in Germany.

Lloyds hands bonuses worth more than £2m to top managers

Bank releases shares from bonuses deferred from 2012 and 2013, the period for which the FCA fined it £117m for mishandling PPI compensation claims

RBS says it will return surplus capital to shareholders

RBS is targeting a core Tier 1 capital ratio of 13 percent and plans to return any capital about that level.

Woodford-backed challenger bank gets BoE green light

The digital-focused bank was created with the support of a number of private individuals

IRELAND: Beware banks promising improved mortgage deals

With little movement on interest rates, banks are offering other sweeteners

UniCredit Considers Changes to 2013-2018 Strategic Plan -- CEO

UniCredit is evaluating how to confront a new macroeconomic scenario, with low interest rates from 2015 onward,” Mr. Ghizzoni told reporters in Milan.

Citi to shift EU retail banking base to Dublin

Citigroup is planning to shift the head office of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements.

UK banks fear block on cross-selling, RBS chairman warns

British banks fear being blocked from cross-selling products to their clients under new ringfencing rules that hand a big advantage to foreign rivals, the chairman of Royal Bank of Scotland has warned.

ECB hands €74bn to banks as lending shows upturn

Since March, the ECB has offered the funds at the main refinancing rate of 0.05%, abolishing the premium of 10 basis points it charged in the first two rounds

Iceland's Islandsbanki could be sold within weeks - paper

Icelandic lender Islandsbanki could be sold to investors from the Middle East and China within weeks, daily newspaper Visir reported on Friday, quoting the head of the board responsible for winding up failed bank Glitnir, from which Islandsbanki was creat

CaixaBank Withdraws BPI Takeover Offer After Investor Vote

CaixaBank SA, Spain’s third-largest lender, withdrew its offer for Banco BPI SA after the Portuguese company’s shareholders rejected a key condition.

Lloyds Bank digital transformation chief– ‘we are in danger of just becoming the plumbing’

Banks are in danger of “just becoming the plumbing” if they don’t work out their new role in the financial eco-system as the storm of payment innovations continues to rain down on the industry, according to Lloyds Bank head of digital tr

Raiffeisen Retools Its Eastern Europe Strategy

The Vienna-based bank is seeking to shrink its Eastern European network but remains heavily dependent on Russia and mired in Ukraine.

Nationwide to meld physical and digital channels with NCR

This will provide an improved, convenient and consistent banking experience for Nationwide customers

Lloyds Bank launches digital cheque payment pilot

Lloyds is working on a system to let customers pay in cheques through their mobile banking apps

Hungarian Central Banker Sees Lenders’ Profit Rebounding by 2019

New measures from the regulatory end will be very scarce in the next years

British 'bad bank' says several parties want to buy assets

A 13 billion pound mortgage portfolio put up for sale by the "bad bank" charged with winding down the assets of two failed British lenders has lured interest from several possible bidders, the group's boss said on Tuesday.

OTP agrees to acquire another Serbian bank

The Serbian unit of Hungary’s OTP Bank signed an agreement to buy 100% of Serbian peer Findomestic Banka from its Italian owner, OTP announced on Friday.

How Mervyn broke the Rock: Exclusive extract from new book

A new book by veteran financial journalist Ivan Fallon charts the course of Lloyds Bank through the financial crisis – bringing together for the first time the accounts of all the big players in the drama.

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