Raiffeisen Q1 profits double to ?166m
Raiffeisen International has beaten analysts' forecasts and posted a near doubling of its first-quarter pre-tax profits from 84m ($103.3m) a…
ByMonth: May 2010
Bank of the West launches virtual money service
Bank of the West, a US-based retail subsidiary of BNP Paribas, has launched the first payments service allowing bank customers…
ByTSB Bank 21% jump in pre-tax profit
TSB Bank, 100% owned by the New Zealand government, posted a pre-tax profit of NZ$74.3mn ($50.3mn) in the 12 months…
ByOFT begins review into UK retail banking sector
The UKs Office of Fair Trading (OFT) has launched an investigation into the hurdles new banks face when entering the…
ByEuropean spending up by 9 percent in Q1
Consumer spending across Europe rose 9 percent in the first quarter of 2010 compared to the first quarter of 2009,…
ByVTB sets out 3 year strategy plan
Russias second-largest lender, VTB, has rolled out a three-year strategy plan and said it is aiming to more than double…
ByM-payments provider Luup partners with Temenos
Core banking software supplier, Temenos, has announced that mobile payments solution provider Luup is to integrate Temenos' T24 banking components…
BySpain’s savings banks in 4-way merger
Four Spanish regional savings banks, with total assets of more than EUR135bn ($166bn), have preliminarily agreed to merge to create…
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