Deutsche Bank to offload 20% stake in Hua Xia Bank for $4bn
Deutsche Bank has agreed to sell its 20% stake in China's Hua Xia Bank to Chinese insurer PICC Property and…
Year: 2015
UK banks roll out fee-free basic bank accounts
A total of nine British banks and building societies are set to introduce new fee-free basic bank accounts.
China Bank to open 66 new branches in 2016
China Banking Corporation (China Bank), one of the major banks in the Philippines, has revealed plans to open 66 new…
QIIB forms JV with CIH Bank to foray into Moroccan banking sector
Qatar International Islamic Bank (QIIB) has signed a joint venture deal with Moroccan lender Credit Immobilier et Hotelier (CIH Bank)…
BB&T secures regulatory approval for $1.8bn National Penn Bancshares deal
BB&T has received the go-ahead from the Federal Reserve, the FDIC and all required state banking regulators to take over…
SIA, Inform partner to fight frauds on digital payments
SIA, an Italian company specializing in electronic payments, has entered into an agreement Inform, a provider of risk management and…
Fintech adoption among consumers to double in next 12 months: EY
Use of financial technology (fintech) services by digitally active consumers is expected to double within the next 12 months, according…
Shinhan Bank to take over Indonesias Centratama Nasional Bank
South Korea's Shinhan Bank has agreed to acquire a controlling stake in Indonesian lender Centratama Nasional Bank (CNB) for an…