All articles by Verdict Staff
Verdict Staff
DBS rolls out new mobile banking app
Singapore’s DBS has unveiled a new mobile banking app, dubbed as DBS digibank, to simplify banking for its customers.
Commercial Bank of California, National Bank of California merger receive regulatory nod
Commercial Bank of California and National Bank of California has secured the regulatory approval for their merger.
Bahrains Ithmaar Bank secure shareholders nod for new group structure
Ithmaar Bank, an Islamic retail lender based in Bahrain, has received the shareholders approval for a new group structure to develop the banks core retail banking business.
Lansforsakringar Bank opts for TCS core banking platform
Swedish retail lender Lansforsakringar Bank has selected Tata Consultancy Services’ (TCS) BaNCS core banking platform to support its future growth and transformation.
CTBC Financial Holding to buy 35.6% stake in LH Financial Group
Taiwan’s CTBC Financial Holding has agreed to acquire a 35.6% stake in Thailand’s LH Financial Group for THB16.6bn ($471m).
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Banco Popolare and BPM agree on merger deal
Italian cooperative lenders Banco Popolare and Banca Popolare di Milano (BPM) have agreed to merge, in a deal that will create the countrys third-largest bank by assets behind Intesa Sanpaolo and UniCredit.
First US Bank to launch first loan production office in Birmingham
First US Bank is set to open its first commercial loan production office in Birmingham, Alabama.
Bharat Bank collaborates with Chillr for mobile payment service
Indian co-operative lender Bharat Bank has partnered with mobile payment app Chillr to enable its clients to instantly transact money to any contact on their phonebook.
LIC almost doubles stake in IDBI Bank
Life Insurance Corporation of India (LIC) has increased its stake in state-owned lender IDBI Bank from 7.21% to 14.37%.
Nomura to wind down Nomura Asia Holding N.V.
Japanese banking giant Nomura Holdings is planning to shut down its subsidiary Nomura Asia Holding based in Netherlands and set up a new holding company based in Japan for its Asia ex-Japan operations.