All articles by Verdict Staff
Verdict Staff
Emirates NBD H1 profit rises 12%
Emirates NBD has reported net profit of AED3.72bn for the first half of 2016, up 12% compared to AED3.31bn a year ago.
RBI sets up working group to study fintech-related issues
The Reserve Bank of India (RBI) has formed an inter-regulatory working group to study issues on financial technology and digital banking in the country.
Scotiabank invests in Latin America retail banking
Stacey Madge, Senior Vice President of International Retail Banking at Scotiabank, outlines the Canadian banks Latin American and Caribbean branch transformation and digital strategy to Robin Arnfield
Citi Q2 profits fall by 17% but beat analyst forecasts
Citi has posted second quarter net income of $4.0bn billion, on revenues of $17.5bn billion. This compared to net income of $4.8bn on revenues of $19.5bn billion for the second quarter 2015.
Wells Fargo community banking arm income drops marginally in Q2
Wells Fargo & Company’s community banking arm has reported net income of $3.18bn, down 1% from $3.21bn in the year-ago quarter.
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U.S. Bancorp Q2 net income rises 2.6% to $1.52bn
U.S. Bancorp, the parent company of U.S. Bank, has reported net income of $1.52bn for the second quarter of 2016, an increase of 2.6% compared with $1.48bn in the year ago quarter.
Talmer Bancorp shareholders approve $1.4bn merger with Chemical Financial
Shareholders of Troy-based Talmer Bancorp have given the go-ahead to its merger with Midland-based Chemical Financial.
Qatars royal family becomes biggest shareholder in Deutsche Bank
Qatars royal family has increased its stake in German banking group Deutsche Bank to nearly 10% for an undisclosed amount.
FIS partners with PAI to offer cardless cash at ATMs to reduce card skimming
FIS and Payment Alliance International (PAI) have collaborated to offer FIS Cardless Cash, a mobile solution, to ATMs across the US, in order to reduce the risk of card skimming during ATM transactions.
Bank of the Ozarks implements instant issuance solution from Entrust
Bank of the Ozarks has deployed Entrust Datacard financial instant issuance solution, including the Datacard CD820 instant issuance system and the Datacard CardWizard issuance software, across 170 locations throughout the south-eastern US.