All articles by Verdict Staff
Verdict Staff
DBS profit rises 6% to SGD1.13bn in Q1
Singapore-based lender DBS has reported a net profit of SGD1.20bn for the first quarter of 2016, up 6% compared to SGD1.13bn in the first quarter of 2015.
Airtel Payments Bank to start operations in Q2
Airtel M Commerce Services, the mobile commerce division of Bharti Airtel, has been rebranded as Airtel Payments Bank and is due to start operations in the second quarter of the current fiscal year.
Societe Generale Q1 income up 6%
French lender Societe Generale has reported a net income of EUR 924m for the first quarter of 2016, up 6.5% compared to EUR868m in the year-ago quarter.
RBS likely to miss Williams & Glyn disposal deadline
Royal Bank of Scotland (RBS) has revealed that it may miss the EU deadline to offload Williams & Glyn arm by the end of 2017.
BNP Paribas retail banking income rises 5% in Q1
The retail banking division of French lender BNP Paribas has reported a pre-tax income of EUR1.74bn for the first quarter of 2016, up 5.5% from 1.65bn in the year-ago quarter.
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First Busey concludes merger with Pulaski Financial
First Busey, the parent of Busey Bank, has concluded merger with Pulaski Financial, the parent of Pulaski Bank, National Association.
Digital engagement brings customer intimacy
A new intimacy has been born in retail banking but success will require a unified digital command centre. Dharmesh Mistry, Product Director of UXP at Temenos, writes
HSBC pre-tax profit slumps 14% in Q1
British banking giant HSBC has posted pre-tax profit of $6.10bn for the first quarter of 2016, down 14% compared to $7.06bn in the year-ago quarter.
ANZ profit plunges 24% to A$2.78bn in H1
Australia and New Zealand Banking Group (ANZ) has reported a cash profit of A$2.78bn for the half year ended 31 March 2016, a 24.3% fall from A$3.67bn a year ago.
Paytm selects Wipro to handle core banking system of its payments bank
Indian mobile wallet and e-commerce company Paytm has selected Wipro to create technology infrastructure for its payments bank business, which is expected to be launched in the second half of 2016.