Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while ... Read More
Provision for customers takes Barclays’ legal bill to £2.3bn in nine months, as critics say latest move does little to restore company’s tarnished reputation Barclays is embroiled in yet another ... Read More
Bank plans to hold IPO of Swiss banking unit by 2017 Third-quarter profit misses estimates on investment bank loss Credit Suisse Group AG will raise about 6.05 billion Swiss ... Read More
Deutsche Bank will fundamentally change its group and leadership structure. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Bank´s business ... Read More
Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts’ expectations. The largest US bank by assets posted a net ... Read More
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro ... Read More
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their ... Read More
Banks are preparing for a drastic revision to their method of tackling nonperforming loans right after this Sunday’s elections, as Greece’s commitments included in the third bailout agreement provide ... Read More
Partnership leads to even faster time-to-funding for Credorax Merchants Saxo Payments today announces that Credorax, the global digital merchant acquiring bank, joins First Data, Tuxedo Money Solutions, Valitor and Allied ... Read More
Google and Samsung are among the first mobile wallet providers to join up to MasterCard‘s newly launched Digital Enablement Express programme, which aims to speed up the process of ... Read More
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