All articles by Verdict Staff
Verdict Staff
Citigroup to buy Costcos US co-brand card portfolio
Citigroup has signed a definitive agreement with American Express to purchase warehouse chain Costco’s co-brand credit card portfolio in the US for an undisclosed amount.
Google Australia MD quits to join ANZ
Google Australia managing director Maile Carnegie is leaving the technology giant for ANZ. Joining in July as group executive digital banking, she will report to CEO Shayne Elliott.
Bank Leumi profit surges to NIS2.83bn in 2015
Israeli lender Bank Leumi has reported an attributable profit of NIS2.83bn ($727.8m) for 2015, a 100.6% increase compared to NIS1.41bn ($362.8m) in the prior year.
Number26 teams with TransferWise for international money transfers
Number26, a German digital banking start up backed by Peter Thiel, has teamed with TransferWise, a UK-based peer-to-peer money-transfer firm, to offer its customers in-app access to TransferWise’s service.
Barclays adjusted attributable profit dips 3% in 2015
British banking giant Barclays has posted an adjusted attributable profit of £2.69bn for the full-year 2015, a decline of 3% compared to £2.78bn in the prior year.
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NICE Actimize partners with Matrix-Exzac to expand geographical reach
Fintech provider NICE Actimize has entered into a professional services partnership with Matrix-Exzac, a provider of financial crime prevention and compliance solutions, to meet growing demand for regulatory compliance solutions.
Citigroup to sell 20% equity stake in China Guangfa Bank
American banking giant Citigroup has agreed to sell its 20% equity stake in China Guangfa Bank to China Life Insurance Company for an undisclosed amount.
Barclays to exit African business
British bank Barclays is planning to close its African operations to refocus the bank on its UK and US operations.
TD Bank Group’s Canadian retail unit Q1 income up 4%
TD Bank Group’s Canadian retail arm has posted a net income of C$1.51bn for the first quarter of 2016, up 4.4% compared to C$1.45bn in the year-ago quarter.
RBS suffers £2bn loss in 2015
British banking giant Royal Bank of Scotland (RBS) has reported an attributable loss of £1.98bn for 2015, compared to a loss of £3.47bn in the prior year.