All articles by Verdict Staff
Verdict Staff
RBS losses surge to £2.04bn in H1
Royal Bank of Scotland (RBS) has reported attributable loss of £2.04bn for the first half of 2016, compared with a loss of £179m in the prior year.
Societe Generale net income rises 7.5% in H1
French lender Societe Generale has reported net income of 2.38bn for the first half of 2016, a rise of 7.5% compared to 2.22bn a year ago.
South Korea’s Woori Bank receives approval to open subsidiary in Vietnam
South Korea’s Woori Bank has secured in-principle approval from the central bank of Vietnam to launch a wholly owned subsidiary in Vietnam.
Commercial Bank introduces NCRs finger vein ATM authentication technology
The Commercial Bank of Qatar has introduced NCRs finger vein authentication technology for authenticating ATM transactions.
ING Group net profit surges to 1.3bn in Q2
Dutch banking group ING Group has reported net profit of 1.3bn for the second quarter of 2016, a surge of 261.7% compared to 358m the year ago.
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Standard Chartered returns to profit in H1
Standard Chartered has reported an underlying pretax profit of $994m for the first half of 2016, following a $990m loss in the second half of 2015.
UniCredit to divest card processing operations in Italy, Germany and Austria to SIA
UniCredit Group has agreed to divest its card processing business in Italy, Germany and Austria to SIA in a transaction valued at approximately 500m.
MAS forms advisory panel on fintech
The Monetary Authority of Singapore (MAS) has created an International Technology Advisory Panel (ITAP) to advise the regulator on international developments in the area of financial technology.
Barclays launches voice biometrics technology for phone banking
British banking group Barclays has rolled out voice biometrics technology for phone banking, a move that will phase out the need for security passwords or passwords for authentication.
Credit Agricole net income surges 26% in Q2
French lender Credit Agricole has reported net income of 1.16bn for the second quarter of 2016, a jump of 25.8% compared to the year ago.