Open banking unleashes business lending race
The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking...
Tag : European Banking
UK: Open banking unleashes business lending race
The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking...
Europe’s biggest banks told to end financing for coal power plants
Barclays and Standard Chartered emphasised that they no longer finance new or existing firms relying on coal plants...
Deutsche Bank scales restructuring with $50 bn asset sale
The assets are related to emerging market debt — and are the latest in a series of unit disposals this year...
Danish Bank introduces first-ever negative interest mortgage
The bank offers an interest rate of -0.5% on loans, which means the bank will pay its borrowers to take money off their hands...
BNP Paribas profit up 22%, to save extra €500 mn in costs this year
Profit at the largest French bank was boosted by the sale of its 14.3% stake in India’s SBI Life Insurance...
Leading Raiffeisen Bank’s digital transformation in Italy
In the wake of rapid digitisation and mobile-friendly strategies, there is a rising need for modernity in authentication systems, In a path-breaking initiative, cybersecurity company OneSpan accomplished the seamless modernisation of Raiffeisen Italy’s authentication systems. Could this be the precedent in the future?...
HSBC is “Numero Uno” among European Banks
HSBC has gone past France and Germany’s largest lenders to take the top spot on a league table of Europe’s biggest banks as its assets grew to more than 2 trillion Euros ( £ 1.7 trillion). June 11, 2013 : International Finance Magazine, reports on the rise of the bank, its rapid growth and its role...