All articles by Verdict Staff
Verdict Staff
RBS warns staff of economic uncertainties after Brexit
The CEO of Royal Bank of Scotland (RBS) Ross McEwan has warned the group’s staff that UK’s decision to exit the European Union could create economic uncertainties.
Online lender LendingClub to shed 179 jobs
Troubled peer-to-peer (P2P) lender LendingClub has decided to shed 179 jobs following an accounting scandal that led to the departure of its CEO Renauld Laplanche.
Wirecard to acquire Citi Prepaid Card Services to enter North American market
Wirecard, a German financial services and technology company, has agreed to acquire Citi Prepaid Card Services, as part of its strategy to enter North American market.
Bank of the Ozarks secures regulatory nod for two acquisitions
Bank of the Ozarks has received the final regulatory approval from the Federal Reserve to acquire Community & Southern Holdings (C&S) and C1 Financial (C1).
Lloyds to axe 640 jobs and close 23 branches
Lloyds Banking Group is set to slash 640 jobs and shut down 23 branches as part of an aggressive cost-cutting programme that began in 2014.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Indonesia’s Panin Bank taps Fiserv technology for omnichannel banking
Indonesian lender Panin Bank has selected Fiserv’s Mobiliti and Corillian Online solutions to launch new digital banking products and services.
Philippine Congress approves bill to regulate credit card industry
The Congress has approved a bill which is aimed at regulating credit card industry in the Philippines by bringing it under the regulatory control of the central bank, Bangko Sentral ng Pilipinas (BSP).
Citibank introduces new travel credit card in Taiwan
Citibank Taiwan has rolled out a new travel credit card in the country that offers airline mileage incentives to travelling customers.
VTB24 chooses Gemalto’s eBanking mobile secure app
Russian lender VTB24 in Russia has selected Gemalto’s eBanking mobile secure app to improve security of transactions.
First Midwest Bancorp to buy Standard Bancshares in $365m deal
Illinois-based First Midwest Bancorp, the parent of First Midwest Bank, has agreed to acquire Standard Bancshares, the parent of Standard Bank and Trust Company in a stock deal worth about $365m.