All articles by Billy Bambrough
Billy Bambrough
RBS Group posts 5th annual loss
Royal Bank of Scotland Group (RBS) has reported a pre-tax loss of £5.17bn ($7.84bn) as a result of further provisions for mis-selling compensation and own credit charges.
JPMorgan to cut 7% of workforce by 2015
JPMorgan Chase has said it is planning job cuts of up to 17,000 staff members by the end of 2014, following yesterday’s announcement of 4,000 expected job losses in 2013.
UK consumers believe banks are best for financial services – YouGov
Consumers in the UK trust traditional banks to provide financial services above retailers, supermarkets, and mobile operators according to a YouGov survey.
Barclays to slash 3,700 jobs
Barclays is to cut 3,700 jobs across the group as part of its strategic review of 75 business units.
ME Bank launches mini workplace bank
Australia’s online-only lender ME Bank has launched a workplace banking kiosk at Telstra’s contact centre in Melbourne.
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Santander reports a fall in profit
Santander has posted a fall in its net income for fiscal 2012, down 59% to 2.2bn from 5.3bn in 2011.
Halifax banks on account switching in 2013
Halifax is offering £100 and a fee free overdraft for 12 months in a bid to grab encourage people to switch accounts. Billy Bambrough spoke to…
Europe branch network will be cut by 30% – EFMA
The bank branch network across Europe is to shrink by as much as 20 to 30% in the next 5 to 8 years, according to findings of The Future of Bank Branch Networks report released by the European Financial Marketing Association (EFMA), reports Billy Bambrough
2013 – The year ahead
The world of retail banking has changed dramatically over 2012 and by the end of 2013 the landscape is likely to shift further. Digital channels will be further competing with traditional forms of banking and 2013 looks set to be a defining year for banks around the world, writes Billy Bambrough
Akbank’s strong focus on social media
Turkish lender Akbank has had another busy year online, racking up over 1.2m ‘likes’ on Facebook. Billy Bambrough speaks to Akbank’s…