(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, credit cards, deposits, financial services, loans, partnership, retail business, Tesco Bank, Vim Maru
(PRESS RELEASE) FRANKFURT AM MAIN, 13-Jun-2019 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) announced it completed the sale of its Private & Commercial Business in Portugal to ABANCA Corporación Bancaria S.A. (ABANCA) on June 9, 2019. The deal was … Read the full press release
Innovative solution allows new branch concept Paderborn, Germany, 21-1-2014 — /EuropaWire/ — New branch concepts require new technologies: CINEO C4090 from Wincor Nixdorf is a system that can provide a wide range of banking services both with staff assistance and on a … Read the full press release
29-7-2013 — /EuropaWire/ — Probank, a small bank with a market share in the range of 1 per cent in terms of assets, has informed the Bank of Greece that it has not managed to raise the funds required for its … Read the full press release
Posted in Banks, Business, Financial, Greece, Law
Tagged assets, deposits, Law 3601/2007, liabilities, National Bank of Greece, Probank, Probank license, recapitalization
17-4-2013 — /europawire.eu/ — As agreed with the International Monetary Fund, the European Commission, and the European Central Bank (“the programme partners”) and following the Eurogroup decisions taken in March 2013, Cyprus has commissioned, on the basis of agreed terms of … Read the full press release
Paper on the framework for resolution of credit and other institutions 16-4-2013 — /europawire.eu/ — In response to media reports with regard to a paper by the European Central Bank (ECB), in relation to the recovery and resolution of banks, the … Read the full press release
Posted in Banks, Business, Cyprus, Economy, European Union, Financial, Government, Law
Tagged bail-in, bridge bank, credit, credit institutions, Cyprus, deposits, deposits into shares, financial crisis, funds, insured deposits, investment firms, Laiki Bank, liabilities, public funding, recapitalisation, recovery, restructuring debts, shares, transferring assets, Troika, uninsured deposits
Brussels, 15-4-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The mission has reached staff-level agreement with the authorities on the economic and financial … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Greece, Investment, Politics
Tagged administrative reform, annual primary surplus, banking system, debt collection, deposits, EC, ECB, euro area, Euro Area Member States, GDP, Greece’s public debt, Greek debt-to-GDP ratio, Greek economy, IMF, inflation, TAX, tax collection
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