All articles by Verdict Staff
Verdict Staff
Malaysias Public Bank secures 100% foreign-owned bank licence in Vietnam
Malaysian lender Public Bank has secured the 100% foreign-owned bank licence from the State Bank of Vietnam following purchase of the remaining 50% equity capital in its joint venture bank VID Public Bank (VPB).
First Niagara-KeyCorp merger secures shareholder nod
The merger of New-York-based First Niagara Financial Group and Ohio-based KeyCorp has secured the green light from the shareholders of both companies.
Bank of Cyprus UK taps Lombard Risk solution for automated regulatory reporting
Bank of Cyprus UK has selected Lombard Risk Managements AgileREPORTER solution for delivering automated regulatory reporting.
UniCredit, Anthemis Group form new $200m joint investment venture
Italian lender UniCredit and Anthemis Group, a UK-based financial services technology venture and advisory firm, have launched UniCredit EVO – a joint investment venture that will invest in fintech start-ups.
Standard Chartered Bank launches innovation lab eXellerator
Standard Chartered Bank today announced the opening of the eXellerator, the banks innovation lab in Singapore.
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Barclays, UKBAA partner to launch Angel Hubs for supporting UK scale-ups
Barclays has collaborated with the UK Business Angels Association (UKBAA) to launch Angel Hubs that will offer funding and mentoring access to scale-ups across the UK.
BNP Paribas, Ingenico announce partnership for currency conversion service
French lender BNP Paribas has collaborated with Ingenico Group to assist e-merchants in bolstering their online sales in Europe by accepting both international and local methods of payment.
Hong Kong banks mimic Bank of East Asia in lowering mortgage rates
Seven lenders in Hong Kong have lowered their mortgage rates following Bank of East Asias decision to lower theirs last week.
Swedbank secures approval to acquire Danske Bank’s Lithuania retail banking arm
Swedish lender Swedbank has secured approval from the Lithuanian Competition Council to acquire Danske Banks retail banking operations in Lithuania.
Tri Counties Bank acquires three Bank of America branches on Californias North Coast
Tri Counties Bank, a subsidiary of TriCo Bancshares, has completed the acquisition of three Bank of America branches on the North Coast of California.