01/06/2014
Foreign banks which have units in Hungary include Austria's Raiffeisen and Erste, Italian lender Intesa Sanpaolo and Unicredit, Belgium's KBC , German bank Bayern LB, Citi and the banking arm of General Electric.
01/06/2014
HSBC has lost more customers since the introduction of the UK’s account switching service than any other major retail bank
01/04/2014
The head of an Austrian task force handling ailing Hypo Alpe Adria wants the government to decide in the first quarter on what kind of "bad bank" could absorb toxic assets from the nationalised lender.
12/31/2013
Bank chief executive awarded the shares as part of previously agreed recruitment package
12/28/2013
We have taken the appropriate action to restore the affected websites
12/24/2013
However, it has now confirmed it will also withdraw services for direct commercial clients.
12/16/2013
Leading think tank says separating investment and retail banking will lead to higher costs on the high street
12/16/2013
UniCredit has been named Financial Advisor of the year in Italy and Central and Eastern Europe at the Financial Times and Mergermarket annual European M&A Awards yesterday.
12/16/2013
The company is to be run by 30-year industry veteran Inga Beale from January. Currently the chief executive of Canopius, a Lloyd's managing agent thought to be the subject of a takeover bid, Beale will replace Richard Ward who surprised the industry
12/11/2013
The management of Italy's Monte dei Paschi, which is trying to avoid state ownership, had hoped to carry out the cash call already in January.
12/09/2013
The Financial Times on Monday said HSBC was considering selling 30 percent of its UK arm.
12/08/2013
The British government said in October that it would accelerate the process of splitting up any bank that tries to circumvent new rules designed to ringfence their retail operations from riskier investment banking activities.
12/04/2013
This transaction is expected to have a minor impact (around -15 basis points) on BNP Paribas Group’s Basel III Common Equity Tier 1 ratio and to immediately have an accretive effect on its net income per share (2013 pro-forma).
12/01/2013
The deal, which needs approval from Russia’s Federal Antimonopoly Service, would make Aton the 100% owner of DUCM
12/01/2013
UniCredit, Intesa Sanpaolo and Monte dei Paschi di Siena have agreed to sell 59.3 percent of SIA
12/01/2013
The move was seen as particularly aimed at Chinese banks, who are looking to expand their European operations. London is attempting to become one of the leading hubs for yuan transactions.
11/28/2013
The next chairman of Lloyds Banking Group, Lord Blackwell, is expected to launch a further review of the business with the specific intent of ensuring a speedy sale of the taxpayers’ remaining 33% stake in the bank.
11/28/2013
Private equity firm Cerberus snaps up commercial assets worth £1.9bn
11/28/2013
Five RBI subsidiaries, Priorbank in Belarus and the Raiffeisen Banks in Croatia, Kosovo, Romania and Serbia had also reason to be happy last night, having received the local title as "Bank of the Year" in their respective countries.
11/28/2013
Blackwell will work closely with chief executive Antonio Horta-Osorio on the next three year strategic review.