Ruxandra Iordache

The Archive

The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K

March 19, 2025 | 03:32AM

Santander says 750 jobs at risk as it pursues UK branch closures
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback

February 13, 2025 | 03:24AM

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets

February 13, 2025 | 02:50AM

Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures

February 11, 2025 | 02:25AM

Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns
UBS revealed plans for up to $3 billion of share repurchases over the course of 2025

February 04, 2025 | 01:58AM

Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme

January 31, 2025 | 09:40AM

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target

January 30, 2025 | 02:05AM
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca

January 28, 2025 | 08:59AM

Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units

January 28, 2025 | 06:39AM

HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca

January 24, 2025 | 05:22AM

Monte dei Paschi shares fall 6% after lender launches surprise 13-billion-euro bid for Mediobanca

See More Stories