RBS names McEwan as CEO after swinging to H1 profit

Royal Bank of Scotland said Ross McEwan will take over as its new chief executive in October, just over a year after he arrived to run its retail bank, as the state-backed bank reported a return to profit in the first half of the year.


SocGen second-quarter profit more than doubles

Quarterly net income soared to 955 million euros (837.50 million pounds) from 436 million in the year-ago period, while revenue slipped 0.6 percent to 6.23 billion, the bank said on Thursday.


BNP Paribas eyes Germany push after earnings slip

French bank BNP Paribas unveiled a plan to boost its presence in relatively resilient Germany after fresh cost cuts failed to offset sliding earnings in markets like Italy in the second quarter.


Barclays Cuts Back In Spain

Barclays Bank is shutting 18 branches in Andalucia as part of a move to reduce by 35% the number of branches it has in Spain


Commerzbank Sale Hides as Much as It Reveals

Germany's second-largest bank said it is selling 5 billion euros ($6.5 billion) of loans to Wells Fargo & Co. and the private-equity firm Lone Star Funds at a 3.5 percent discount to book value.


UK rebuffs private equity in Lloyds sale

Lloyds is expected to report a sharp rise in profit, which would raise hopes it can start paying dividends again in 2014 and increase its attractiveness to investors.