All articles by Verdict Staff

Verdict Staff

African Bank relaunches in South Africa

African Bank has reopened its doors in South Africa after remaining under curatorship for 20 months.

Payment services directive should be a timely spur

Banks might wake up to the need to leverage their data just in time to embrace an EU move that requires they share customer information with third parties. Ben Robinson, Temenos chief marketing and strategy officer, writes

OCBC Bank launches banking app for Apple Watch

OCBC Bank has launched a new mobile banking app in Singapore designed for Apple Watches. It is one of the first banking apps launched for a wearable device in the city state.

European banks’ overall optimism falls to its lowest level since 2012: EY

Overall optimism among banks in Europe has dropped to its lowest level since 2012, a period considered to be the peak of Eurozone debt crisis, according to a survey by EY.

ICBC sets up Asia Pacific Business

Industrial and Commercial Bank of China (ICBC) has launched its Asia Pacific Business to develop its business in Asia, Australia and New Zealand.

Barclays concludes sale of retail, wealth, insurance businesses in Portugal

Barclays Bank has wrapped up the sale of its retail banking, wealth and investment management and a part of its corporate banking operations in Portugal to Spain’s Bankinter.

Banco Santander to shut down 450 branches in Spain

Spanish banking group Banco Santander is set to shed 450 branches in Spain in a bid to cut costs and ramp up its focus on digital banking.

Philippines’ RCBC closes remittance business in Italy

Rizal Commercial Banking (RCBC), a Philippines-based lender, has shut down its remittance operations in Italy.

Poland’s Alior Bank to take over Bank BPH’s core business from GE

Poland’s Alior Bank has agreed to purchase Bank BPH’s core bank from General Electric (GE) in a deal worth PLN1.23bn ($331m).

Hungary to sell MKB Bank for $134.5m

The National Bank of Hungary, in its capacity as resolution authority, has agreed to sell MKB Bank to a consortium of three buyers in a deal valued at HUF37bn ($134.49m).