06/23/2014

Bulgaria ready to rescue Corpbank after bank run

It was not immediately clear how much capital would be needed to prop up Corpbank - which had loans of almost 5 billion levs ($3.5 billion) as of March, and capital of 622 million levs - and the subsidiary.

06/19/2014

TSB to be valued at £1.3bn

Lloyds Banking Group is set to value spun-off retail bank TSB at £1.3 billion when it prices its share offer on Thursday.

06/16/2014

Jyske Bank Group cuts 177 full-time jobs

Due to a lower level of activity, declining loan volumes except for new home loans, the IT conversion of Spar Lolland to Jyske Bank and a merger of staff functions at BRFkredit and Jyske Bank

06/13/2014

Dutch to change bank debt rules

The Dutch government proposed to amend its tax rules to make it easier for lenders there to tap into Europe’s fastest-growing market for bank debt.

06/10/2014

Tesco Bank opens its first current account

Tesco will today shake up the retail banking industry when it becomes the first supermarket to launch a current account in competition with high street banks.

05/29/2014

Barclays open multi-million pound Newcastle base

The bank has consolidated all its North East regional divisions and training facilities into the St Anns Street premises, in what is the biggest capital investment Barclays has made this year.

05/26/2014

UniCredit Tiriac Bank profit up 18 pct in Q1

The consolidated net profits on minority interests of UniCredit Tiriac Bank and UniCredit Consumer Financing have advanced by 18 percent over the first quarter of 2014 compared to Q1 of 2013, to 72.1 million lei