Japan’s banking industry likely to see more cross-border financial deals
Japan’s banking watchdog the Financial Services Agency (FSA) said that it expects more cross-border financial tie-ups as fintechs disrupt the…
Month: August 2020
ADCB forays into Egyptian banking system
The Abu Dhabi Commercial Bank Group (ADCB) has launched its services in Egypt to expands it international footprint. ADCB will…
Emirates NBD mulls Bank Audi Egypt’s acquisition besides Blom Bank
Dubai government-owned Emirates NBD is planning to buy the assets of Bank Audi Egypt alongside the assets of Blom Bank,…
UK banks to redesign branches to restaff amid Covid-19
Many high street UK banks are planning to utilize spaces of their branches into office space as part of their…
Indian banks set to launch account aggregator service
Several banks in India will roll out account aggregators (AA) next month to centrally manage customer data and enable easy…
Financial services industry M&A deals in Q2 2020 total $18.64bn globally
Total financial services industry M&A deals in Q2 2020 worth $18.64bn were announced globally, according to GlobalData's deals database. Embed…
Sterling National Bank taps IPsoft to launch AI-based customer service agent Skye
Sterling Bancorp’s subsidiary Sterling National Bank (SNB) has forged a partnership with artificial intelligence (AI) software company IPsoft to launch…
CIBC to make strategic investment with savings from job cuts
Canadian Imperial Bank of Commerce (CIBC) is looking to use some cost savings from job cuts announced earlier this year…