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Royal Bank of Scotland sheds 1,800 jobs

Taxpayer-owned Royal Bank of Scotland said it plans to cut as many as 1,800 jobs at its Ulster Bank division by 2016.

NRI set to launch new bank in London

A Singapore-based NRI is launching a bank here tomorrow to provide latest services to its customers in the UK.

BNP Paribas to Expand in Germany

French Bank Seeks to Rekindle Growth as it Cuts Costs

Church of England bids for RBS branches

The Church of England has blessed a consortium of financiers

Barclays closes Algarve agencies

Barclays Bank will be closing down at least five agencies in the Algarve

Rabobank may sell its Polish arm BGZ this year -report

Dutch Rabobank may sell its Polish mid-sized lender

Unicredit experiments with self-service branches

Some banks have responded to the changing landscape by introducing video ATM technology

Barclays to sell on data from savers and track mobile phones

The bank will also start tracking customers through their mobile phones or other "devices" - to help protect them from fraud.

Lloyds, RBS, Barclays, Co-op and Nationwide responsible for higher-than-expected capital shortfall of £27.1bn

Five of Britain’s biggest lenders have been told by the Bank of England they must raise more than £13bn between them

IARB welcomes findings of Parliamentary Commission on Banking Standards

IARB welcomes findings of Parliamentary Commission on Banking Standards and endorses commitment to high professional standards throughout banking

Co-op Bank to fill £1.5bn hole

The Co-operative Group has reached agreement with the City regulator that the hole in the Co-op Bank is around £1.5bn, I have learned.

NAB may spin off UK business

National Australia Bank boss Cameron Clyne says he would consider a sharemarket spin-out of the bank's British business

UK's Co-op Bank agrees $2.4 billion 'bail-in' rescue plan

Britain's Co-operative Group has agreed a plan to plug a 1.5 billion pound ($2.4 billion) capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis.

Nordea Sells Its Polish Units to PKO Bank for 694 Million Euros

Scandinavia’s largest bank, sold its Polish units to the country’s biggest lender PKO Bank Polski SA for 694 million euros ($925 million).

Government readies banks for return to private ownership

Taxpayers would not lose money as the shares would be returned to government ownership after ten years should they not rise above the floor price.

German bank employee falls asleep on keyboard, transfers millions

The bank discovered the mistake shortly afterwards and corrected the error.

15 new UK banks in five years, predicts Metro founder

“I believe there is a real opportunity for the creation of new banks that can serve the needs of individuals, communities and businesses

HSBC tops list of Europe's biggest banks

HSBC has leapfrogged France and Germany’s largest lenders

Italy's Banca Generali net inflows 246 mln euros in May

Italian asset manager said net inflows stood at 246 million euros ($322 million)in May

Alpha Bank raises enough capital to avoid nationalisation

Alpha is the first of the country's biggest banks to successfully recapitalise without falling under the full control of a bank rescue fund, which is financed from the country's international bailout package.

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