All articles by Verdict Staff
Verdict Staff
Bank of America sets up new Hayward financial centre
Bank of America has opened its new financial center in Hayward, California, equipped with digital resources and on-site expertise required to help clients with their financial decisions.
Eastern Virginia Bankshares and Southern National Bancorp of Virginia to merge in $178.3m deal
Eastern Virginia Bankshares, the parent of EVB, has agreed to merge with Southern National Bancorp of Virginia, the parent of Sonabank, in a deal valued at about $178.3m.
Commerce Bank taps Temenos as its strategic technology partner
Commerce Bank, a wholly owned subsidiary of Commerce Bancshares, has selected Temenos as its strategic technology partner to drive strong customer relationships and faster speed-to-market of consumer and commercial products.
UniCredit to raise 13bn and shed another 6,500 jobs
Italian banking group UniCredit has unveiled plans to launch a 13bn rights issue and axe a further 6,500 jobs to bolster profitability.
Raiffeisen Switzerland implements VASCO technology to secure online banking
Raiffeisen Switzerland, a Swiss retail bank, has deployed VASCO Data Security Internationals CRONTO technology to secure its online banking transactions.
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Pacific Premier Bancorp to snap up Heritage Oaks Bancorp for $405.6m
Pacific Premier Bancorp, the parent of Pacific Premier Bank, has agreed to acquire Heritage Oaks Bancorp, the parent of Heritage Oaks Bank, in a stock deal valued at about $405.6m.
Broadridge Financial opens new Singapore office
Broadridge Financial Solutions has strengthened its presence in the Asia with the opening of a new office in Singapore.
ASEAN banking sector resilient, but face negative trends: Fitch
Most of ASEAN’s banking sectors are likely to face weak loan demand and further pressure on asset quality in 2017, according to Fitch Ratings.
Fiserv to snap up Online Banking Solutions
Financial services technology provider Fiserv has agreed to acquire Online Banking Solutions (OBS), an Atlanta-based provider of cash management software, for an undisclosed sum.
Santander Mexico to invest $741m to drive growth
Santander Mexico, the Mexican arm of Spanish banking group Santander, has announced plans to invest MXN15bn ($741m) over the next three years.