All articles by Verdict Staff
Verdict Staff
Diebold secures antitrust clearance in Poland for Wincor Nixdorf acquisition
US ATM manufacturer Diebold has received antitrust clearance in Poland for its purchase of German rival Wincor Nixdorf.
DBS net profit drops 6% in Q2
Singapore-based lender DBS has reported net profit of SGD1.05bn for the second quarter of 2016, down 6% from SGD1.11 a year ago.
Well Link Group Holdings to take over Novo Banco Asia
Hong Kongs Well Link Group Holdings has agreed to acquire Novo Banco Asia for an undisclosed sum.
Rabobank, Norfund and FMO partner to create investment platform in Africa
Dutch lender Rabobank, Norways Norfund, and private sector development bank FMO have teamed up to set up a new investment company to support the development of the financial sector in Africa.
RBS ditches plans for Williams & Glyn spin-off
Royal Bank of Scotland (RBS) has abandoned its plan to set up Williams & Glyn as a standalone listed entity, instead plans to sell it to now.
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Westpac pumps another $50m into fintech venture fund
Australian banking major Westpac has infused another $50m into a second fund for fintech startups that will be managed by Reinventure Group.
UK card fraud surges 18% in 2015: FICO
Britain has registered an18% spike in card fraud activity in 2015, mainly due to online transactions, according to a new report by FICO.
NetCents collaborates with Vanbex to bring blockchain to Canadian lenders
NetCents, an electronic payments technology company, has entered into a strategic partnership with professional services firm Vanbex to accelerate adoption of blockchain technology to Canadian banks.
BNP Paribas sells stake worth $485m in First Hawaiian Bank
French lender BNP Paribas has sold a 15% stake, which worth about $485m, in its US subsidiary First Hawaiian Bank through an initial public offering (IPO).
ANZ appoints new chief economist
The Australia and New Zealand Banking Group (ANZ) has named Richard Yetsenga as its new chief economist.