German banking giant Deutsch Bank will be expanding its offices in Malta, having acquired a full banking licence from the MFSA. Finance minister Tonio Fenech made the announcement during a press conference on Wednesday. He claimed that this was good news for the finance sector of the smallest European Union state, which is already renown for financial services. No details were given as to which sector...

The Financial Services Authority has given the green light to an innovative bank, Metro Bank, which promises to be a new breed of high street British banks. Fidelity and Wellington, two blue chip institutions with a renown successful track record are reported to be major investors. With the slogan “Love your Bank”, Metro will be offering shop-style service to customers even during weekends....