Intesa Sanpaolo: The Management and the Supervisory Boards met today under the chairmanships of Enrico Salza and Giovanni Bazoli and approved within their respective competencies a project which aims to rationalise the Intesa Sanpaolo Group bancassurance business. 03.07.2009 In detail
Pravex Bank: More than 30,000 grams of precious metals were purchased with a discount according to results of work for April 2009. 03.07.2009 In detail
Raiffeisen International: The analysts of Raiffeisen Zentralbank Osterreich AG (RZB) and Raiffeisen Centrobank AG (RCB) published the latest edition of the annual CEE Banking Sector Report. 25.06.2009 In detail
Alfa-Bank: Alfa-Bank is proud to present its annual report for 2008. Alfa-Bank confirmed its status as Russia's leading private bank in 2008. The Report is available at the bank’s site. 23.06.2009 In detail
Rosbank: Rosbank announces the appointment of Jean-Louis Mattei as Chairman of the Board of Directors. He replaces Philippe Citerne who had chosen to retire. 23.06.2009 In detail
Deutsche Bank AG: The Bank announced the appointment of Colin Grassie as Chief Executive Officer for the UK. Mr Grassie will have responsibility for development of the Bank's UK franchise, including management of relationships with the government and regulators. 22.06.2009 In detail
VTB Bank: Streamlining its operations in Western Europe subsidiaries, JSC VTB Bank has completed the disposal of its 100% holding in Russische Kommerzial Bank AG (Switzerland) to Gazprombank OJSC. The deal was approved by regulatory authorities of Switzerland. 10.06.2009 In detail
Financial News
The European Central Bank injects €442 billion into banking system - 25.06.2009 The European Central Bank (ECB) allotted €442 billion to banks for 12 months, the biggest amount it has ever given in a single auction. The amount was more than most economists had expected.
More credit card rules could hurt Visa and MasterCard - 23.06.2009 Visa Inc and MasterCard Inc, the world's largest payment networks, could face lower revenue and pressure on their stock prices amid a push for increased U.S. regulation of credit cards.
Top 100 banks saved from bankruptcy - 23.06.2009 Since October 1, 2008, Russian banks have repaid $50 billion worth of loan payments, Finance Minister Alexei Kudrin said at a banking conference in Moscow today.
Lloyds Banking Group to slash almost 1000 jobs - 28.04.2009 Lloyds Banking Group has confirmed it is to axe 985 jobs over the next two years at its motor finance unit, after a detailed review established that the division was "no longer financially viable".
Whether a restart of the banking sector in the EU? - 06.04.2009 European Union finance ministers on Saturday called for creating a new authority to monitor financial stability as a first step toward overhauling the region's regulatory system.
The Nationwide buys Dunfermline after government backs out - 30.03.2009 The Nationwide is to buy the Dunfermline Building Society's branches. Under the agreement, Nationwide has taken on Dunfermline's retail and wholesale deposits, its branches, head office and most of its residential mortgage book.
German government begins to nationalize banks - 29.03.2009 The German federal government is to buy shares of ailing mortgage lender Hypo Real Estate. It is one step closer to nationalizing ailing commercial lender after the lower house of parliament approved a new law that allows expropriating shareholders if necessary.
