Search

Keywords

Content type

Sort

Results Per Page

Published within

Date range



Found 11 results in 609 milliseconds.

Commerzbank suffers USD 3.3 bln Q4 loss amid restructuring and COVID-19

News | Payments General | 11 Feb 2021

Germany-based Commerzbank has declared a USD 3.3 billion loss in the fourth quarter of 2020, as the lender undergoes major restructuring and deals fallout from the pandemic, according to Reuters.

Commerzbank, loss, restructuring, COVID-19, bank, Germany, pandemic, lender, branch closure, mBank

Italy to take on USD 17 bln of UniCredit bad loans to ease MPS sale, Reuters

News | Payments General | 08 Jan 2021

Italy has plans to take on about EUR 14 billion (USD 17 billion) of UniCredit’s impaired loans to make a takeover of state-owned Monte dei Paschi more attractive for the bank, according to Reuters

Italy, UniCredit, MPS, Monte dei Paschi bank, takeover, AMCO, debt, high-risk loans, treasury, Mediobanca, UBS, JP Morgan, Credit Suisse, Bank of America, Orrick, ECB

Starling Bank seeks GBP 35 mln in competition funding

News | Payments General | 03 Jul 2020

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.

Starling Bank, competition funding, grants, EU-backed competition fund, startup bank, BCR, Banking Competition Remedies, SMEs, small business market, alternative remedies fund, Royal Bank of Scotland, UK, United Kingdom, banking market, EU state aid rules

Funding Xchange teams up with Enterprise Nation

News | Online & Mobile Banking | 29 Jun 2020

Business finance aggregator platform Funding Xchange has partnered with Enterprise Nation to implement innovation in business banking.

Funding Xchange, partnership, Enterprise Nation, BCR, banking, Banking Competition Remedies, UK, Royal Bank of Scotland, technology, Enterprise Nation Finance Portal, digital banks, challenger banks, banks

FX trading, forex licensing, and fraud - Exclusive interview with Cyprus Securities and Exchange Commission

Interviews | Payments General | 18 May 2020

Demetra Kalogerou, Chairwoman of Cyprus Securities and Exchange Commission, discusses CySEC `s mission, the process of licensing forex brokers, forex scams, payments, and how Covid-19 is impacting the FX trading and crypto industry

CySEC, Demetra Kalogerou, forex brokers, forex scams, payments , FX trading, licensing, COVID-19, regulations, legislation, supervision, policymaking, CIF, FCA, FINMA, investors, funds, money laundering, terrorist financing, foreign exchange market

Nationwide abandons move into business banking

News | Online & Mobile Banking | 08 Apr 2020

Nationwide, a UK-based mutual financial institution, has abandoned a move into business banking due to the impact of coronavirus.

Metro Bank, Nationwide, banking, online banking, funding, UK, Banking Competition Remedies, BCR

Atom Bank, iwoca, Currencycloud, Modulr to split GPB 40 mln in BCR cash

News | Payments General | 15 Aug 2019

Lenders iwoca and Atom Bank are among the recipients of a GBP 40 mln tranche of cash from the Banking Competition Remedies (BCR) fund.

Atom Bank, iwoca, Currencycloud, Modulr, Banking Competition Remedies, Royal Bank of Scotland, UK, banking, financing , lending, payments services, SME, B2B payments

Starling, Metro Bank, Clearbank seize GBP 280 mln from RBS Competition Fund

News | Payments General | 26 Feb 2019

Three UK challenger banks have received part of the GBP 280 mln first tranche of a fund set up by RBS in the wake of the bank\s 2008 bailout.

Starling, Metro Bank, ClearBank, RBS, Royal Bank of Scotland, RBS Competition Fund, funding round, bank bailout, bank expansion, UK, Europe

Starling Bank looks for new funds, drops partnership with TransferWise

News | Online & Mobile Banking | 31 May 2018

Starling, a UK challenger bank, has announced that it is in the early stages of a new funding to expand its business current account, TechCrunch reports.

Starling Bank, TransferWise, online banking, challenger bank, UK neobanks

Greek government enforces e-payments due to EU bailout

News | Online Payments | 21 Jul 2016

Spending and payment restrictions enforced by the Greek government as a result of EU bailout conditions are driving the adoption of electronic payments in the country, a new report reveals.

EU, Greece, bailout, ePayments, digital payments, online payments

Europe: banking sector on decrease in major countries as customers shift to online platforms

News | Online & Mobile Banking | 23 Feb 2015

The number of bank branches in Europes largest countries has fallen steadily since the global financial crisis, as banks cut costs and consumers shift more banking to online platforms.

Europe, banking, sector, online platform, customer preference, online sales, UK, France, Spain, branch closure