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First Trust Bank to downsize branch network

  • 11,55,24,02,2017

First Trust Bank, part of the AIB Group, is set to shutter 15 branches across the north of Ireland in 2017 in response to customers’ increasing adoption of digital banking services. read more

Bharti Airtel buys stake in fintech startup Seynse Technologies

  • 11,12,24,02,2017

Telecom operator Bharti Airtel has purchased a strategic equity stake in Indian financial technology firm Seynse Technologies for an undisclosed sum. read more

RBS loss soars to £6.95bn in 2016

  • 09,47,24,02,2017

RBS has posted an attributable loss of £6.95bn for the year ended 31 December 2016, compared with a loss of £1.98bn a year ago. read more

BBVA raises stake in Turkish bank Garanti

  • 09,00,24,02,2017

Spanish banking group BBVA has acquired an additional 9.95% stake in Turkey’s Garanti Bank from Dogus Holding in an €859m deal. read more

Barclays swings back to profit in 2016

  • 08,07,23,02,2017

British banking group Barclays has posted attributable profit of £1.6bn for the year 31 ended December 2016, compared to a loss of £394m in the previous year. read more

UK and Canada regulators collaborate to support fintech innovation

  • 07,37,23,02,2017

The UK’s Financial Conduct Authority (FCA) has signed an agreement with Canadian regulator Ontario Securities Commission (OSC) to support fintech startups in the two jurisdictions. read more

Latest Special Reports More

Bank Leumi readies Israeli digital-only launch with global ambitions

  • 10,40,24,02,2017

Bank Leumi is gearing up to launch Pepper, Israel’s first standalone digital-only bank. Currently at beta stage, the bank will launch to the general public later this year. Pepper, which will offer current and savings accounts, lending products and a P2P payments app, is targeted at millennials. Robin Arnfield reports read more

Branch right-sizing in UK accelerates: the definitive RBI branch ranking

  • 16,24,22,02,2017

More than one-in-four UK bank branches (26.3%) have been shuttered in the past five years and the new year has kicked off with more of the same. read more

BCR brings the digital touch to Romania’s branches

  • 09,50,21,02,2017

Banca Comerciala Româna (BCR), a member of the Erste Group, is Romania’s biggest bank in terms of asset value, client base, savings and crediting. However, it has struggled to match consumers’ developing digital needs. As a result, BCR has overhauled its branches for a new technological age. Patrick Brusnahan writes read more

Latest Opinions More

No end in sight for start-up funding, for now

  • 12,01,23,02,2017

UK-based start-up bank Monzo has received a further £22m ($27.4m) funding from investors. It isn’t the only new UK bank to receive generous amounts of funding in recent years. read more

W&G: the never ending UK banking embarrassment

  • 10,00,23,02,2017

So I got it wrong - no excuses. In a piece for The New Statesman website in June 2013 – I dared to advise the doyen of City headhunters, Anna Mann, co-founder of blue-chip consultancy MWM, to go for Ross McEwan as the new CEO of Royal Bank of Scotland. read more

P2P lending has a lot of work to do

  • 15,02,21,02,2017

Despite rapid growth, peer-to-peer business lending still represents a fraction of the SME lending market. read more

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