Banking Times
Banking Times is targeted at people within the banking profession, and persons who may have a lay interest in the banking industry.
The aim is to cover all relevant information and news relating to developments in the UK banking sector, and economic conditions within the UK and worldwide which may impact the UK banking system.
Website: Banking Times: Banking News
Latest Banking News Headlines:
- Commerzbank sells off Dresdner Bank Monaco
- Brewin Dolphin appoints Shrewsbury quartet
- RBS to cut 3,500 UK jobs
- VTB reports record profits
- Northern trust appoints Netherlands’ country head
- Deutsche Bank opens Copenhagen office
- Lloyds acquires stake in Mountain Warehouse
- Deutsche Bank appoints Kazakhstan chief
- NBG Group announces H1 profits
- Eurobank reports declining profits in H1
The news follows the transaction receiving the necessary regulatory green lights.
The Bank Audi sal-Audi Saradar Group will now acquire Dresdner Bank Monaco, which focuses upon providing clients in southern France, Monaco and northern [...]]]>
A trio of divisional directors (Andrew Barr, Verity Criddle and William Eyre) bolster the Shrewsbury team, as does Assistant Director Rupert Harvey.
In addition to the 70 years’ worth of experience the branch benefits from with their appointment, it will also be [...]]]>
The 84% state-owned group is continuing a restructure having already reduced its headcount by around 4,000 last year.
According to a BBC report, [...]]]>
The result is even more impressive considering it incurred a net loss of RUB31.5bn during the corresponding period last year.
Corporate Banking also saw an improvement, with pre-tax profits rising to RUB18.3bn, with Retail [...]]]>
Van Ooijen succeeds Eric Pouwels, who vacates the role to take up his new post as director of Strategic Development for Europe, Middle East and Africa (EMEA).
He has been with the firm for six years, and previously [...]]]>
Denmark is one of the German financial institution’s key areas for growth and opportunity, particularly for its Corporate and Investment Banking divisions.
Klaus Bisgaard has been named as the leader of the new branch, which will focus upon provision of [...]]]>
The private equity arm of the bank is understood to have acquired a 20% share in the outdoor specialist, which has plans to extend its branch network.
The acquisition has reportedly been made from Icelandic investment firm, Arev, which became involved with the [...]]]>
He brings more than two decades of banking experience to his new position, including 16 years occupying senior management positions within Deutsche Bank.
Wokurka has worked in London, New York and Central and Eastern Europe and established the bank’s [...]]]>
Net interest income rose by 8%, year-on-year, to reach €2,075m, and provision coverage ratio increased by 31% to 63% (€649m).
The bank’s Greek activities saw a 3% rise in core income to €1,451m, but incurred [...]]]>
In the second quarter net income was recorded at €34m, approximately half that of the €61m net income achieved in Q1.
However, the picture was mixed, with Central and Southeastern Europe emerging from the red [...]]]>
