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Spanish banks lead European financial sector

Footsie manages only modest gains, kicking off the week with a lacklustre session

Standard Chartered flags turnaround progress with $1 billion buyback plan, shares rise

The share repurchase plan comes after StanChart CEO Bill Winters unveiled in February

Regulatory costs hit Nordea Bank Q1 profit

Our priorities are very clear – to increase business momentum and at the same time reduce the structural cost base; we are executing on both.

Barclays’ investment bankers have fallen out of the Premier League

In 2009, Bob Diamond and BarCap were the financial sector’s Man Utd. Now investors want the unit brought to heel

Raiffeisenbank expects outperformance in Russia despite sanctions

Raiffeisenbank set to grow faster than market in 2019

Lloyds Bank expected to post flat profits due to BrexitLloyds Bank expected to post flat profits due to Brexit

“UK employment and wages have held up fairly well so far, but increased credit card and car finance activity means a downturn would hit Lloyds’ books pretty quickly.”

RBS reports £707m profit in first quarter

In the UK mortgage market, RBS lent £7.6bn in the quarter, bringing their lending in the housing market total up to £150.6bn.

Morning Coffee: Deutsche Bank's other merger partner. The worst named hedge fund

The bank has been suggested as a “white knight” for Deutsche last year, a possibility that the shareholders appear to be less than keen on.

Deutsche Bank & Commerzbank call off merger talks

Christian Sewing, Deutsche Bank's CEO, said in a memo to employees: "After thorough analysis, we have concluded that this transaction would not have created sufficient benefits to offset the additional execution risks, restructuring costs and ca

Barclays says there will be no job cuts, even as insiders brace for the worst and an activist ratchets up pressure to gut the investment bank

Senior Barclays staff have been bracing for job cuts following the surprise departure of top executives

Royal Bank of Scotland bosses braced for AGM

Chief executive Ross McEwan receives a pension of £350,000, which amounts to 35 per cent of his £1 million basic salary, but those working in branches typically receive just 10 per cent

Morning Coffee: Deutsche Bank's Plan B if Commerzbank fails. Lloyd Blankfein, the devoted Dad

They could either revert to the original cost-cutting plan that Sewing was brought in to deliver, perhaps with a bit more chopping away of red meat at the investment bank.

European banks Credit Agricole and Santander team up in asset services

Credit Agricole will own 69.5 percent of the merged unit, which will keep the brand name of Agricole's existing asset management arm - Caceis. Santander will hold 30.5 percent.

Bramson v Barclays: big week for investor before AGM battle

US-based activist investor will ramp up pressure on bank if first-quarter results fail to impress

European Investment Bank will lend €100 million to Dutch and German small businesses through Funding Circle

“The EU bank seeks to ensure better access to finance for SMEs at all stages of development through a range of tailored instruments.”

In 2018 Audit, Deutsche Bank Saw High Risk of Ties to Russian Money Laundering

“Until publication of intelligence on the OCCRP website in March 2017, Deutsche Bank was not aware of the money laundering scheme

Citi Expands ETF Servicing Capabilities in EMEA

The launch of Citi’s ACES platform highlights our commitment to continuously strengthen our offering and support our clients’ ETF needs holistically across products and geographies.

Citi partners with Schroders to launch behavioural finance tool

In doing so, the tool is said to classify users into four investment characters and measure them against nine behavioural traits, local Malaysian newspaper The Star Online reported.

Credit Agricole and Santander to combine custody and asset servicing businesses

The transaction would combine two strong custody and asset servicing players to form a truly global player with enhanced growth prospects.

Deutsche-Commerzbank merger could rest on mountain of ‘badwill’

Combined bank could recognise a profit of more than $18bn using an obscure accounting method

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