Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to a loss of transactions with some of its biggest clients. Get the Full Story Complete the form to unlock this...
Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some of the financial institution’s senior executives. According to Financial Times (FT), investors, industry figures and regulatory experts have said senior executives...
Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a decade ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Regulatory oversight may have the impact of reducing some banks’ physical footprint abroad. To be specific, that may be the case in at least one geopolitical battleground, and where Russia is the site of at least some of the trimming. Get the Full Story Complete...
Lloyds Banking Group, which includes Bank of Scotland, Halifax and Lloyds, has suffered a faster payments glitch that affects customers’ ability to get money, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bank earnings — taken together, let’s call them a mixed bag. Or maybe liken them to an onion, with layers of meaning and hints of things to come — some savory, some likely to induce tears. Get the Full Story Complete the form to unlock...
Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Cash management is both opportunity and challenge for banks as cross-border payments gain traction. Troy Hagey, strategy principal with KPMG, tells PYMNTS how technology can help banks bring an analytics-driven strategy to customers, break down intercompany silos and compete with FinTechs.
Launched in 2016, the Single Resolution Board (SRB) aims to make sure that the failure of one major bank does not impact the EU’s entire banking system or require a bailout from taxpayers. Get the Full Story Complete the form to unlock this article and...
