Banking And Finance NEWS

How to Improve Success Rates in ForexTrading

Whether they’re experienced traders or can be classed as novices, one of the many questions which Forex traders have is how they can go about improving their trading and in turn how they … Continue reading “How to Improve Success Rates in ForexTrading”


Carmaker Peugeot in talks to sell financing arm Banque PSA to Santander — report

French carmaker PSA Peugeot Citroen SA (EPA:UG) is holding preliminary talks to shed part of its auto consumer-credit unit Banque PSA Finance to Spanish lender Banco Santander SA (MCE:SAN), the Wall Street Journal … Continue reading “Carmaker Peugeot in talks to sell financing arm Banque PSA to Santander — report”


RBS seeks buyers for Australian school management group Axiom Education

UK bailed-out lender Royal Bank of Scotland Group Plc (LON:RBS) has hired Rothschild to help it dispose of its Axiom Education business in Australia, according to an informed source cited by Bloomberg on … Continue reading “RBS seeks buyers for Australian school management group Axiom Education”


BBA reports increase in new mortgage borrowing for May

The British Bankers’ Association (BBA), a UK association for the banking and financial services sector, released seasonally adjusted figures on Tuesday that indicate an improvement in the UK housing market. According to the … Continue reading “BBA reports increase in new mortgage borrowing for May”


Cases of serious tax evasion cases in the UK fall to lowest level in five years

Law firm Pinsent Masons reported today that cases of serious tax evasion in the UK, as established by HM Revenue & Customs (HMRC) has dropped by 16% over the past year to the … Continue reading “Cases of serious tax evasion cases in the UK fall to lowest level in five years”


Swiss private bank UBP acquires Lloyds’ international private banking arm for £100m

Swiss private bank Union Bancaire Privee UBP SA has agreed to take over UK Lloyds Banking Group plc’s (LON:LLOY) international private banking arm for up to GBP100m (USD151.7m/EUR117m) in cash, the companies said … Continue reading “Swiss private bank UBP acquires Lloyds’ international private banking arm for £100m”


UK private equity firm 3i tables bid for Barclays Infrastructure Funds Management

UK private equity firm 3i Group plc (LON:III) on Friday said it had put in an irrevocable bid to buy Barclays Infrastructure Funds Management Ltd (BIFM), the European infrastructure fund management business of … Continue reading “UK private equity firm 3i tables bid for Barclays Infrastructure Funds Management”


Greece aims to sell stakes in Postbank and Proton Bank in July

Greece’s rescue fund Hellenic Financial Stability Fund (HFSF) intends to divest Hellenic Postbank SA (ATH:TT) and Proton Bank SA by the middle of July, Reuters said, citing an inspection review by the European … Continue reading “Greece aims to sell stakes in Postbank and Proton Bank in July”


Lloyds to bank £325m from sale of commercial property loans

UK Lloyds Banking Group plc (LON:LLOY) said Friday it had inked an accord to divest a portfolio of UK commercial real estate loans to Promontoria Thames Ltd for GBP325m (USD501.2m/EUR384.6m) in cash. The … Continue reading “Lloyds to bank £325m from sale of commercial property loans”


Lloyds agrees sale of Spanish retail banking operations to Sabadell

UK’s Lloyds Banking Group plc (LON:LLOY) on Monday said it would sell its retail banking activities in Spain to local lender Banco de Sabadell SA (MCE:SAB) in a cash and stock transaction, as … Continue reading “Lloyds agrees sale of Spanish retail banking operations to Sabadell”


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