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RBS swings back to profit in Q1

  • 14,09,28,04,2017

British banking giant Royal Bank of Scotland (RBS) has posted an attributable profit of £259m for the first quarter of 2017, compared with a loss of £968m a year ago. read more

TowneBank to snap up Paragon Commercial for $323.7m

  • 12,30,28,04,2017

Virginia-based TowneBank has agreed to acquire North Carolina-based Paragon Commercial, the parent of Paragon Commercial Bank, for $323.7m. read more

Lloyds Banking pre-tax profit doubles in Q1

  • 07,43,28,04,2017

Lloyds Banking Group has reported a statutory profit before tax of £1.3bn for the first quarter of 2017, a surge of 99% from £654m a year ago. read more

South State to merge with Park Sterling in $690.8m deal

  • 00,00,28,04,2017

South Carolina-based South State, the parent of South State Bank, has agreed to merge with North Carolina-based Park Sterling, the parent of Park Sterling Bank, in a deal worth about $690.8m. read more

Allied Irish Banks fined €2.27m for anti-money laundering failures

  • 14,26,27,04,2017

Allied Irish Banks (AIB) has been fined €2.27m by the Central Bank of Ireland for flouting anti-money laundering and terrorist financing regulations. read more

HSBC rolls out voice biometric authentication system in US

  • 12,27,27,04,2017

British banking group HSBC has introduced voice biometric authentication system in the US to allow its retail clients access their accounts by using their own voice. read more

Latest Special Reports More

Nequi: a unique Colombian offering

  • 14,31,25,04,2017

Designit, an integrated design agency recently acquired by Wipro Digital, has partnered with Nequi bank in Colombia to go 100% digital. The bank has redesigned the mobile banking experience, and is creating offerings for millennials who are starting to drift toward a post-app world. Douglas Blakey reports read more

High altitude, higher stakes? Latin America under Trump

  • 15,19,24,04,2017

Latin America’s third-largest economy could slip into recession if US President Donald Trump’s toxic cocktail of threats to upend the North American Free Trade Agreement or impose heavy tariffs on Mexican exports come true. However, Mexican banks are – at least for now – unconcerned, writes Ivan Castano read more

Banks should ditch cash to boost customer loyalty

  • 12,14,24,04,2017

The rise of digital wallets, coupled with the adoption of the mobile phone as a mobile payment technology, hint at a future driven by digital first strategies. Can banks move fast enough? Or will legacy systems prove their undoing? Christopher Evans director at Collinson Group reports read more

Latest Opinions More

Put your money where your mobile is

  • 14,35,25,04,2017

It would not take long to find an article or a comment on how the banking industry is embracing the digital realm, but is this actually true? Are digital services an opportunity or a burden for banks? Patrick Brusnahan reports on what the sector needs to do in order to compete in the cyberworld read more

Market Opportunities Index 2016: update

  • 14,28,19,04,2017

GlobalData has updated the Retail Banking Market Opportunities Index (MOI) for 2016. Eight new markets have been added to the MOI, increasing the total coverage to 28 markets globally. read more

And about time too: Hammond signals RBS to live “in real world”

  • 10,58,19,04,2017

At long last – and one can argue it is long overdue – there is some sign of the UK government coming to its senses over the near 10 year disaster that is state control of Royal Bank of Scotland (RBS). read more

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