All articles by Douglas Blakey

Douglas Blakey

TD agrees revised and extended IDA deal with Schwab

The amended Insured Deposit Account agreement reflects the current market and interest rate environment

CaixaBank Q1 2023: net profit +21%, NPLs at all time-low

CaixaBank reports a 21% y-o-y rise in net profit to €855m for the first quarter boosted by higher lending, deposits and improved margins

Western Alliance Bank blasts FT report  

Western Alliance issues statement disputing recent Financial Times article

TD walks away from $13bn First Horizon deal

TD unable to obtain timetable for regulatory approvals. First Horizon Bank share price plunges by 35%

Virgin Money H1 2023 pre-tax profits -33% on higher provisions

Virgin Money reports pre-tax profits of £236m down by 33% from £315m for the six months to end March due to higher impairments and higher investment costs

Loughborough Building Society selects Finastra to support ongoing growth  

Finastra’s SaaS solution, Essence, and Retail Analytics module enables the Society to digitalise its offering and implement value-added services

BMO expands SmartProgress financial literacy programme

BMO SmartProgress an online education platform empowers Canadians to make real financial progress

Five financial services companies sign up to use Abound’s AI-driven software

Abound’s ‘Render’ technology marries open banking and AI to allow millions more to borrow at lower rates

Employee recognition programme front and centre of bank merger

The opportunity for employees to recognise and praise each other is playing a crucial role in cementing the Heritage and People’s Choice, A$23bn bank merger

SME-focussed Allica Bank hails breakout year of progress in 2022

UK fintech Allica Bank flags up deposits, lending and revenue growth in fiscal 2022 with second half profitability, less than three years after securing its banking licence