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The Co-operative Group was hit last year by a capital crisis at its banking unit

Co-op says food store sales on the rise

Britain's troubled Co-operative Group posted a 1% rise in like-for-like sales in its Christmas quarter.

One of the bigger fines related to JP Morgan's 'London Whale' trade

US, European banks paid record fines in 2013

US and European regulators fined banks record amounts this year, imposing penalties and settlements of more than $43 billion (€31.4 billion) as authorities work more closely to clean up the sector.

Business • 24 Dec 13

NLB is the largest of Slovenia's three main lenders

Slovenian banks need €4.76bn recapitalisation

The governor of Slovenia’s central bank has said the country’s banks will need a €4.76 billion recapitalisation to deal with bad debts.

Business • 12 Dec 13

UBS settled a suit with the US Federal Housing Finance Agency over soured mortgage investments

UBS beats profit forecasts in second quarter

UBS said its second-quarter profit beat forecasts, even after an 835 million Swiss franc charge to settle a US lawsuit and other matters, and that its flagship private bank was continuing to win new customers.

Business • 22 Jul 13

The European Central Bank denied that there was an issue with inter-bank lending

Fears over Euro zone inter-bank lending

Euro zone banks are refusing to lend to peers in other countries in the common currency bloc, according to data analysed by news agency Reuters.

Business • 21 Jun 13

Joerg Asmussen said the Parliament already had a say in the appointment of the EBA chairperson

Euro Parliament 'should have say' in banking role

The European Parliament should have a decisive say in choosing the chairperson for the upcoming EU banking supervisor, ECB board member Joerg Asmussen has said.

Business • 18 Mar 13

Bonuses worth over £250,000 will be deferred over three years

Barclays to defer some bankers' bonuses

About 1,200 top investment bankers at Barclays will not receive any upfront cash as the bank will defer awards over three years, a person familiar with the matter said.

Business • 07 Feb 13

Cash only for tourists in the Vatican

Tourists visiting the Vatican are now obliged to pay cash in the museums and shops after Italy's central bank withdrew authorisation for credit card payments.

News • 04 Jan 13

Goldman Sachs' earnings soar, but caution rules

Goldman Sachs easily beat analysts' estimates for earnings and revenue in the third quarter, bouncing back from a loss the same time a year ago.

Business • 16 Oct 12

Credit review led to €9.6m extra in loans

The office that reviews lending by AIB and Bank of Ireland to small and medium business says it has overturned 96 cases where banks refused credit.

Business • 08 Oct 12

Banks misreported customers' credit histories

Data audits at some of the country's banks have revealed that the credit histories of thousands of customers have been misreported to the Irish Credit Bureau.

News • 03 Oct 12

Banks 'more willing' to park property debts

Mortgage brokers have said they are encountering more cases of banks doing deals with customers struggling with unsustainable debts.

News • 11 Sep 12

NAMA reduces value of assets by €1.27bn

The National Asset Management Agency has had to reduce the amount it expects to recover from its property loans by €1.27bn.

News • 25 Jul 12

Permanent TSB reports €424m annual loss

Permanent TSB has reported an annual loss of €424m.

News • 02 Apr 12

Unicredit posts €9.2 billion net loss

Italy's UniCredit today posted a 2011 net loss of €9.21 billion after having written down the value of its holdings.

Business • 27 Mar 12

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