UniCredit to sell EUR1.2bn credit portfolio to AnaCap
Italian banking major UniCredit has agreed to sell a EUR1.2bn ($1.34bn) portfolio of non-performing loans to British private equity firm…
Month: September 2015
AnaCap Financial to buy Poland’s FM Bank
British private equity firm AnaCap Financial Partners has agreed to acquire FM Bank, a Poland-based retail and SME bank.
ANZ receives final approval to open branch in Myanmar
ANZ Banking Group has received the final regulatory approval from the Central Bank of Myanmar to open a branch in…
Fifth Third Bank fined for discriminatory auto-lending and illegal credit card practices
Fifth Third Bank has been fined a total of $21.5m to settle US charges for discriminatory auto loan pricing and…
Interest in mobile banking apps continues to grow among US consumers: TSYS study
US consumers interest in mobile applications provided by financial institutions to manage and protect finances continues to grow. They are…
Bank of Cyprus wraps up Russian subsidiary sale
Bank of Cyprus has completed the sale of its stake in its Russian subsidiary Uniastrum Bank and certain other Russian…
BB&T to shut down six National Penn branches
BB&T is shutting down six bank branches as part of its $1.8bn takeover of National Penn Bancshares.
Barclays Bank unveils innovation hub in Kenya
Barclays Bank has launched a product development lab in Nairobi, Kenya, in partnership with Moringa School and global start-up investment…