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> <channel><title>Banking Times: Daily Banking News</title> <atom:link href="http://www.bankingtimes.co.uk/feed/" rel="self" type="application/rss+xml" /><link>http://www.bankingtimes.co.uk</link> <description>Daily Banking News at Banking Times, the UK&#039;s leading independent banking news publication.</description> <lastBuildDate>Mon, 20 May 2013 11:01:06 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.5.1</generator> <item><title>Santander to acquire 20% of BoBCFC</title><link>http://www.bankingtimes.co.uk/2013/05/20/santander-to-acquire-20-of-bobcfc/</link> <comments>http://www.bankingtimes.co.uk/2013/05/20/santander-to-acquire-20-of-bobcfc/#comments</comments> <pubDate>Mon, 20 May 2013 11:01:06 +0000</pubDate> <dc:creator>Richard Kilner</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Santander News]]></category> <category><![CDATA[BoBCFC]]></category> <category><![CDATA[China]]></category> <category><![CDATA[Santander]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22884</guid> <description><![CDATA[Santander has received approval from the Chinese Banking Regulatory Commission (CBRC) for the acquisition of 20% of the Bank of Beijing Consumer Finance Company (BoBCFC). Santander is to invest RMB306m, equating to approximately €38m, to acquire the shares in BoBCFC &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/20/santander-to-acquire-20-of-bobcfc/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/20/santander-to-acquire-20-of-bobcfc/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>KfW reports first quarter profits</title><link>http://www.bankingtimes.co.uk/2013/05/20/kfw-reports-first-quarter-profits/</link> <comments>http://www.bankingtimes.co.uk/2013/05/20/kfw-reports-first-quarter-profits/#comments</comments> <pubDate>Mon, 20 May 2013 10:51:48 +0000</pubDate> <dc:creator>Richard Kilner</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Financial Reports News]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[KfW]]></category> <category><![CDATA[profits]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22882</guid> <description><![CDATA[KfW Bankengruppe has reported its financial results for the first quarter of 2013, including consolidated profits of €477m. This is about two-thirds of the €697m that the firm achieved in the corresponding period last year. The total financing volume rose, &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/20/kfw-reports-first-quarter-profits/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/20/kfw-reports-first-quarter-profits/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Suffolk Life appoints MD</title><link>http://www.bankingtimes.co.uk/2013/05/15/suffolk-life-appoints-md/</link> <comments>http://www.bankingtimes.co.uk/2013/05/15/suffolk-life-appoints-md/#comments</comments> <pubDate>Wed, 15 May 2013 17:44:45 +0000</pubDate> <dc:creator>Gill Montia</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Pension Providers News]]></category> <category><![CDATA[SIPP]]></category> <category><![CDATA[Suffolk Life]]></category> <category><![CDATA[Will Self]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22876</guid> <description><![CDATA[SIPP specialist, Suffolk Life, has announced that Will Self, its product and operations director, will assume the role of managing director in July. He will replace David Hobbs who is moving to take up the post of managing director, operational &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/15/suffolk-life-appoints-md/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/15/suffolk-life-appoints-md/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Retirees manage debt of £105bn</title><link>http://www.bankingtimes.co.uk/2013/05/14/retirees-manage-debt-of-105bn/</link> <comments>http://www.bankingtimes.co.uk/2013/05/14/retirees-manage-debt-of-105bn/#comments</comments> <pubDate>Tue, 14 May 2013 05:37:42 +0000</pubDate> <dc:creator>Gill Montia</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Borrowing & Lending News]]></category> <category><![CDATA[check list]]></category> <category><![CDATA[debt]]></category> <category><![CDATA[MGM Advantage]]></category> <category><![CDATA[retirement]]></category> <category><![CDATA[unclaimed pension credit]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22868</guid> <description><![CDATA[New research from MGM Advantage shows the UK’s retirement nation collectively managing mortgage and personal debt to the tune of £105.5 billion. According to the retirement income specialist, 13% of retirees hold mortgage debts totalling £76 billion while 34% are &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/14/retirees-manage-debt-of-105bn/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/14/retirees-manage-debt-of-105bn/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>ING reports improved Q1 results</title><link>http://www.bankingtimes.co.uk/2013/05/13/ing-reports-improved-q1-results/</link> <comments>http://www.bankingtimes.co.uk/2013/05/13/ing-reports-improved-q1-results/#comments</comments> <pubDate>Mon, 13 May 2013 12:12:34 +0000</pubDate> <dc:creator>Richard Kilner</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Financial Reports News]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[ING]]></category> <category><![CDATA[profits]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22866</guid> <description><![CDATA[Dutch bank ING has reported that in the first quarter of 2013 it made an underlying net profit of €800m. This is an improvement from the €579m it made in the same period last year and €483m in Q4 2012. &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/13/ing-reports-improved-q1-results/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/13/ing-reports-improved-q1-results/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Santander reports Q1 profits</title><link>http://www.bankingtimes.co.uk/2013/05/13/santander-reports-q1-profits/</link> <comments>http://www.bankingtimes.co.uk/2013/05/13/santander-reports-q1-profits/#comments</comments> <pubDate>Mon, 13 May 2013 11:45:55 +0000</pubDate> <dc:creator>Richard Kilner</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Financial Reports News]]></category> <category><![CDATA[Banco Santander]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[profits]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22864</guid> <description><![CDATA[Spanish banking giant Banco Santander has reported its financial results for the first quarter of 2013, including profits of €1.2bn, down 26% from the corresponding period last year. However, this was almost threefold the €423m that the firm made in &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/13/santander-reports-q1-profits/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/13/santander-reports-q1-profits/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>HVB reports declining profits in Q1</title><link>http://www.bankingtimes.co.uk/2013/05/13/hvb-reports-declining-profits-in-q1/</link> <comments>http://www.bankingtimes.co.uk/2013/05/13/hvb-reports-declining-profits-in-q1/#comments</comments> <pubDate>Mon, 13 May 2013 11:28:54 +0000</pubDate> <dc:creator>Richard Kilner</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Financial Reports News]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[HVB]]></category> <category><![CDATA[profits]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22862</guid> <description><![CDATA[HypoVereinsbank (also known as UniCredit Bank AG) has published its financial results for the first three months of 2013. Quarterly pre-tax profits came to €613m, €113m less than the corresponding period last year (excluding a non-recurring €395m gain from the &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/13/hvb-reports-declining-profits-in-q1/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/13/hvb-reports-declining-profits-in-q1/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Lloyds&#8217; chairman to step down</title><link>http://www.bankingtimes.co.uk/2013/05/13/lloyds-chairman-to-step-down/</link> <comments>http://www.bankingtimes.co.uk/2013/05/13/lloyds-chairman-to-step-down/#comments</comments> <pubDate>Mon, 13 May 2013 08:44:53 +0000</pubDate> <dc:creator>Gill Montia</dc:creator> <category><![CDATA[Banking Jobs News]]></category> <category><![CDATA[Banking News]]></category> <category><![CDATA[Lloyds Banking Group News]]></category> <category><![CDATA[chairman]]></category> <category><![CDATA[Lloyds Banking Group]]></category> <category><![CDATA[retiring]]></category> <category><![CDATA[Sir Winfried Bischoff]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22857</guid> <description><![CDATA[Lloyds Banking Group has announced that its chairman, Sir Winfried Bischoff, will be retiring no later than May 2014. The exact date will be subject to the appointment of his successor, the search for whom is being led by Anthony &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/13/lloyds-chairman-to-step-down/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/13/lloyds-chairman-to-step-down/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Government clampdown on pension charges</title><link>http://www.bankingtimes.co.uk/2013/05/12/government-clampdown-on-pension-charges/</link> <comments>http://www.bankingtimes.co.uk/2013/05/12/government-clampdown-on-pension-charges/#comments</comments> <pubDate>Sun, 12 May 2013 06:10:35 +0000</pubDate> <dc:creator>Gill Montia</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Pension Providers News]]></category> <category><![CDATA[pension charges]]></category> <category><![CDATA[Pensions Bill]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22851</guid> <description><![CDATA[The Government has announced plans to tackle &#8220;high and inappropriate&#8221; pension charges &#8211; consultancy charges in automatic enrolment schemes, where scheme members end up paying for advice given to their employer, are to be banned under the forthcoming Pensions Bill. &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/12/government-clampdown-on-pension-charges/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/12/government-clampdown-on-pension-charges/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>City police make pension liberation arrests</title><link>http://www.bankingtimes.co.uk/2013/05/12/city-police-make-pension-liberation-arrests/</link> <comments>http://www.bankingtimes.co.uk/2013/05/12/city-police-make-pension-liberation-arrests/#comments</comments> <pubDate>Sun, 12 May 2013 05:41:02 +0000</pubDate> <dc:creator>Gill Montia</dc:creator> <category><![CDATA[Banking News]]></category> <category><![CDATA[Pension Providers News]]></category> <category><![CDATA[arrests]]></category> <category><![CDATA[City of London Police]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[pension liberation]]></category> <guid
isPermaLink="false">http://www.bankingtimes.co.uk/?p=22846</guid> <description><![CDATA[City of London Police has dismantled a suspected organised crime gang believed to be cold-calling and text messaging pension holders across the UK with fraudulent offers that could destroy their retirement plans. Last week, detectives from the National Lead Force &#8230; <a
href="http://www.bankingtimes.co.uk/2013/05/12/city-police-make-pension-liberation-arrests/">Read more <span
class="meta-nav">&#187;</span></a>]]></description> <wfw:commentRss>http://www.bankingtimes.co.uk/2013/05/12/city-police-make-pension-liberation-arrests/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>