All articles by Verdict Staff
Verdict Staff
BoE injects £3.1bn into UK’s banking system
The Bank of England has infused £3.1bn into the country’s banking system after Britain’s decision to exit the European Union (EU).
People’s United Financial to buy Suffolk Bancorp for $402m
People’s United Financial has agreed to acquire Suffolk Bancorp, the parent of Suffolk County National Bank, in an all-stock deal valued at about $402m.
Digital banking service Worldcore begins accepting bitcoin
Digital banking service Worldcore has started accepting bitcoin via the bitcoin payment processor BitPay.
Turkey’s Odea Bank receives financial support from international financial institutions
Turkey’s Odea Bank, a subsidiary of Lebanon’s Bank Audi Group, has received capital support from various international financial institutions to support growth.
What does Brexit mean for HSBC and Standard Chartered in Asia?
HSBC Holdings PLC and Standard Chartered PLC shares plunged in Hong Kong trading following Brexit results. The drop in the British pound and other possible difficulties arising from this development could increase costs and hurt their revenue.
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Is Brexit really on the cards?
The weekend does not seem to have offered any new insight as to where and what exactly the UK is heading for. If anything, chaos and uncertainty is more apparent than ever before. All the signs seem to point towards an EU exit but is Brexit really looming?
EU financial-services chief steps down following Brexit
Lord Jonathan Hill, UK’s commissioner for financial stability, financial services and the capital markets union of the European Union (EU), has resigned from his post after Britain voted to leave the EU in a referendum.
FCA says Brexit would significantly impact UK’s financial regulation
The UK’s Financial Conduct Authority (FCA) has said that Britain’s decision to leave the European Union would have significant implications for the country’s financial regulation.
Philippines’ central bank approves 81 new branches
The central bank of the Philippines has given the go-ahead to 16 banks to open 81 new branches across the nation.
Vantage Credit Union migrates to Episys core platform
US-based Vantage Credit Union has completed conversion to Symitars Episys core operating system.