Hungarys OTP Bank mulls acquiring Polish bank to shrink costs
Hungary's OTP Bank is planning to buy a Polish bank with strong online banking knowledge and use its technological expertise…
Month: October 2014
State Bank of India to expand across England and into Scotland to increase multinational customer base
State Bank of India (SBI) is planning to open a branch in Glasgow in 2015, following two further openings in…
ByOperating profit surges to £881m at RBSs personal & business banking segment in Q3
The Personal & Business Banking (PBB) segment of Royal Bank of Scotland (RBS), which contains UK PBB and Ulster Bank,…
Citigroup to slash 370 jobs in consumer banking section in US next year
Citigroup is planning to cut 370 jobs in consumer banking business section in the middle of next year in the…
Austrias Hypo Alpe-Adria-Bank splits as part of restructuring plan
Austrias government-owned Hypo Alpe-Adria-Bank International has been split between a wind-down unit named Heta Asset Resolution, and its southeastern European…
Pre-tax profits up 18% at Barclays’ Personal and Corporate Banking unit; sets aside £500m for FX fines
Barclayss Personal and Corporate Banking unit has reported pre-tax profit of £2.26bn for the nine months period ended 30 September…
YES Bank forays into home loan market
YES Bank has forayed into the home loan market, with a focus on the affordable housing segment.
Former Coop Bank head faces three-year ban from managerial roles
Switzerland's financial watchdog FINMA has banned Andreas Waespi, the ex-CEO of Coop Bank, from management jobs in the finance sector…