All articles by Verdict Staff
Verdict Staff
Acorn Financial Partners applies for banking license
Acorn Financial Partners (AFP) has applied for a banking licence from the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
Bank of America consumer banking unit income rises 3% in Q3
The consumer banking unit of Bank of America has reported net income of $1.81bn for the third quarter of 2016, up 3.2% compared to $1.75bn a year earlier.
HSBC Bank Canada appoints new retail banking and wealth management head
HSBC Bank Canada has hired Larry Tomei as head of retail banking and wealth management, replacing Betty Miao, who is taking on a new role with the firm in Asia.
Yes Bank partners Lastmile.mobi to launch IRIS and EMV ready payment platform
Indian private sector lender Yes Bank has partnered with Lastmile.mobi to introduce the IRIS and EMV ready PoS (Point-of-Sale) terminal solution.
Banco CTT implements Misys core banking platform
Portuguese lender Banco CTT has implemented Misys FusionBanking Essence core banking system.
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Banco Popolare-BPM merger receive shareholders nod
The shareholders of Banco Popolare and Banca Popolare di Milano (BPM) have given the go-ahead to the merger plan of the two Italian cooperative lenders.
JPMorgan net income dips 8% in Q3
JPMorgan Chase has posted a net income of $6.28bn in the third quarter of 2016, down 8% from $6.80bn a year ago.
Citigroup adjusted net income falls 8% in Q3
Citigroup has reported adjusted net income of $3.84bn for the third quarter of 2016, down 8% compared to $4.16bn a year ago.
Wells Fargo community banking arm income drops 9% in Q3
Wells Fargo & Company’s community banking division has reported net income of $3.22bn for the third quarter of 2016, down 9% compared to $3.56bn a year ago.
Payments startup Affirm raises $100m from Morgan Stanley
Affirm, the company started by PayPal co-founder Max Levchin, has obtained a $100m lending facility from financial services giant Morgan Stanley.