NAB formally decides to spin-off UK business
National Australia Bank (NAB) has formally announced plans to proceed with the flotation of its loss-making UK banking operations Clydesdale…
Month: November 2015
EBRD to purchase 30% stake in Ukraine’s Raiffeisen Bank Aval
The European Bank for Reconstruction and Development (EBRD) is planning to acquire a 30% stake in Ukraine's Raiffeisen Bank Aval…
Banks to hike IT budgets to compete with non-traditional players: Temenos
Banks around the globe will raise their IT and innovation budgets to counter the growing threat from the challenger banks…
Lloyds Banking Group to slash 945 jobs
Lloyds Banking Group has announced plans to axe about 945 jobs as part of a restructuring plan that aims to…
Stanchart, Easypaisa launch mobile wallet service in Pakistan
Easypaisa, a joint venture between Telenor Pakistan and Tameer Microfinance Bank, has collaborated with Standard Chartered Bank (Stanchart) Pakistan to…
Koho partners with Visa to launch no-fee banking service in Canada
Canadian fintech startup Koho has signed agreements with financial services providers Visa, Peoples Trust Company and Galileo Processing to launch…
Nationwide Transforms Branch and Digital Banking Experience for Customers
As part of Nationwides 500 branch refurbishment programme being carried out over the next 5 years, the UKs largest mutual…
ByGE wraps up sale of Australia and New Zealand consumer finance divisions
General Electric (GE) has completed the sale of its consumer finance operations in Australia and New Zealand in a deal…