08/07/2014
Commerzbank, Germany's second-biggest bank, said Thursday (Aug 7) that its net profit more than doubled in the second quarter thanks to favourable results in its retail banking operations and lower risk provisions.
08/07/2014
More than a million savers who hold Isas with Barclays are set to see their returns drop as the bank announced it is moving them all on to a product with a lower interest rate.
08/07/2014
The Competition Markets Authority is consulting on improving competitions among UK retail banking sectors to meet the needs of small- and medium-sized enterprises.
08/06/2014
RBS Romania’s client portfolio consists of over 500 middle size and large private companies, local and international, as well as public and financial institutions. UniCredit Tiriac Bank will also take over RBS Romania’s staff.
08/06/2014
This figure is a third less than the Greek bank’s original investment in the firm.
08/06/2014
The bank’s net operational profit also increased to RON 379.9 million (EUR 85 million) in the first half of 2014, up 10.5 percent year-on-year.
08/05/2014
Credit Agricole SA, France’s third-largest bank by market value, said profit was almost wiped out in the second quarter on charges tied to its stake in Portugal’s bailed-out Banco Espirito Santo SA.
08/04/2014
Portugal’s central bank took control of Banco Espirito Santo SA, once the country’s largest lender by market value, in a 4.9 billion-euro ($6.6 billion) bailout that will leave junior bondholders with losses.
08/03/2014
Euromoney said it believes Santander is “unique” in having a credit rating higher than its domestic sovereign
08/03/2014
Caixa Bank, Spain’s leading bank by market share, has been named the World’s Best Retail Bank for Technology Innovation for the second consecutive year by the British financial magazine Euromoney.
08/01/2014
Banco Santander SA, the largest bank in Spain, Thursday reported a rise in first-half profit despite a slight decline in net interest income.
08/01/2014
Barclays is in the middle of a restructuring and banking sources previously said it was sounding out buyers for its retail operations in the country.
08/01/2014
Bank rules out paying interest on current accounts as its boss claims the reason so few customers switch is because they are "happy"
07/31/2014
We are on the path for sustained growth regarding profits
07/30/2014
A bank spokeswoman only told AFP that "as part of the regular review of business processes, Commerzbank plans restructuring measures within Finance".
07/29/2014
One cannot sacrifice all ethical and moral standards for the sake of business
07/29/2014
Italian asset manager Banca Generali a 37 percent increase in second-quarter net profit to 49.6 million euros ($66.6 million) boosted by rising assets under management and higher fees.
07/28/2014
This understates his job title somewhat. Vaswani is Barclays’ CEO of personal and corporate banking, a powerful new job which has seen him take control of its global operations in retail, business and wealth management.
07/28/2014
The figure was also higher than profits registered in 2013, when the bank reported 509 million euros of profits.
07/25/2014
Royal Bank of Scotland (RBS) has said it expects pre-tax profits of £2.65bn for the first half of the year, up from £1.37bn last year.