Banks

26 banks supported by the United Nations set out to define the banking industry's role and responsibility in achieving a sustainable future

The FINANCIAL -- Twenty-six leading banks from 5 continents are re-defining banks’ purpose and business model to align the sector with the UN Sustainable Development Goals and the Paris Climate ...

The true cost of debt

The FINANCIAL -- When it comes to debt and savings, many Europeans remain financially fragile, despite the global economy growing strongly. Over a quarter (26%) of households in Europe don’t have ...

Wells Fargo Promotes Lora Powers to Chicago Middle Market Banking Leadership TeamCHICAGO

The FINANCIAL -- Wells Fargo on May 14 announced that 20-year banking veteran Lora Powers has been promoted to its Chicago Middle Market Banking leadership team as a senior vice president and ...

Societe Generale: Alexandre Fleury appointed as Head of Equities & Equity Derivatives

The FINANCIAL -- Societe Generale Corporate & Investment Banking (SG CIB) announces the appointment of Alexandre Fleury as Head of Equities & Equity Derivatives within Global ...

Deutsche Bank acquires India-based FinTech start-up Quantiguous Solutions

The FINANCIAL -- Deutsche Bank on May 15 announced that it has acquired Quantiguous Solutions, a Mumbai-based software company, to strengthen its Global Transaction Banking ...

Commerzbank: Performance and strategy implementation on track in the first quarter of 2018

The FINANCIAL -- In the first quarter of 2018, Commerzbank continued on its growth path and made further progress on its ...

RBS Q1 2018 Results

The FINANCIAL -- RBS reported an operating profit before tax of £1,213 million, £500 million, or 70.1%, higher than Q1 ...

Germany's biggest Private & Commercial Bank is launched

The FINANCIAL -- Germany's biggest Private & Commercial Bank has been launched: DB Privat- und Firmenkundenbank AG was entered in the Commercial Register on May 25, 2018. It is a wholly owned ...

NatWest outlines Esme Loans’ growth plans following successful pilot

The FINANCIAL -- Esme Loans offers UK-based SME customers a simplified, rapid and paperless end-to-end process with competitive rates for businesses looking to borrow up to ...

NIB and LHV Pank to finance SME investments in Estonia

The FINANCIAL -- NIB and Estonia’s AS LHV Pank have signed an agreement on launching a EUR 20 million loan programme for onlending to small and medium-sized enterprises in ...

Financial stability conditions in euro area remain favourable but risk-taking in most financial markets intensified

The FINANCIAL -- Improved economic conditions support financial stability ...

Ministry Of Finance Of Georgia Treasury Note Auction Results

The FINANCIAL -- On May 23, 2018, GEL 30 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at ...

Barclays Appoints Adam Kelleher as Chief Data Scientist for Research

The FINANCIAL -- Barclays announces the appointment of Adam Kelleher as Director and Chief Data Scientist for ...

New EBRD financing to Bulgaria’s ProCredit Bank

The FINANCIAL -- The EBRD is providing €50 million to Bulgaria’s ProCredit Bank to expand access to finance for small and medium-sized enterprises ...

NBG: Money Transfers In April

The FINANCIAL -- In April 2018, the volume of money transfers from abroad constituted 123.9 million USD (300.5 million GEL), which is 17.1 percent (18.1 million USD) more than the amount in April ...

RBI reports consolidated profit of € 399 million for the first quarter of 2018

The FINANCIAL -- On 1 January 2018, the new accounting standard for financial instruments (IFRS 9) took effect. In addition to the adoption of IFRS 9, RBI has also changed the presentation of its ...

Credit Suisse to Enter Strategic Partnership with aMoon

The FINANCIAL -- Through the partnership, Credit Suisse and Credit Suisse Asset Management will have the unique opportunity to present eligible Credit Suisse clients and institutional investors ...

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