banking

NatWest Swoops For Retailer Sainsbury's Banking Business

NatWest has struck a deal to acquire most of the banking business of UK retailer Sainsbury's, in a deal set to grow the British lender's assets by £2...

Sainsbury's To Gradually Withdraw From Banking

Sainsbury's said it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its...

Nestlé To Examine Banking Relationships Following Takeover Of Credit Suisse

Food giant Nestlé will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group's chief executive Ma...

Shoprite Launches Shoprite Money Bulk Payment Service

South Africa-based retailer Shoprite has launched a new service, Shoprite Money, which enables users to make bulk payments such as staff salaries through t...

Lenders To Bakery Giant Aryzta Agree To Amend Banking Facilities

Bakery firm Aryzta, which operates the Otis Spunkmeyer and Cuisine de France businesses, has said that it has received 'unanimous consent' from its lenders...

Mortgages To Join Sandwiches Next Year At Marks & Spencer

Britons will be able to pick up one more product when they shop at Marks & Spencer stores next year: home loans. M&S Bank, owned by HSBC...

Tesco Bank Halts Online Trades As Money Taken From Accounts

Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it halted online transactions after about 20,000 customers had money fraudulently take...

Groupe Avril Raises €880 Million For Growth And Securing Customer Debt

Through working with international collaborators, France-headquartered banks and finance companies, Groupe Avril, has generated some €880 million. It...

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