Tag: Banking
Caixabank considers selling 9.92% stake in Erste group
Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...
48 branches of Lloyds Bank to close again
Lloyds Banking Group will close a further 48 branches across England and Wales. This is stated by the British lender. This is because it seeks...
Bundesbank chief Weidmann quits early
Bundesbank President Jens Weidmann will step down more than five years early. This will open the door for Germany’s new government to pick a less...
BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...
Development banks linked to nature loss worth $800 BLN per year
Every year, the investments made by public development banks around the world could destroy nature worth $800 billion. Stating this, the researchers urged that there...
Euro zone banks continue to reduce soured credit
Euro zone banks continued to record a decline in soured loans, according to the collected data. This is even as the European Central Bank warned that lenders...
Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...
World Bank employees pressured by Georgieva
According to an independent investigation, including then-Chief Executive Kristalina Georgieva, World bank leaders, had applied pressure on staff to boost China’s ranking in the...
Stamm Hurter to join SNB bank council
Cornelia Stamm Hurter has been appointed by the Swiss government. Hurter is appointed as a new member of the Swiss National Bank (SNB) Bank Council. The SNB stated...
BoE policymakers split evenly last month
Bank of England policymakers split evenly last month. This is between those who felt the minimum conditions for considering an interest rate hike and those...
