All articles by Verdict Staff
Verdict Staff
National Bank of Ukraine approves purchase of qualifying stakes in six banks
The National Bank of Ukraine (NBU) has approved the acquisition of large stakes in Industrialbank, ALPARI BANK, EXPRESS-BANK, ALFA-BANK, BTA BANK and CENTER.
EQ Bank goes live on Temenos RetailSuite
EQ Bank, the new digital banking unit of Canadian alternative-mortgage provider Equitable Bank, has gone live using Temenos RetailSuite.
BBVA chooses Cisco as priority technology partner
Spanish banking group BBVA has signed a partnership deal with technology provider Cisco, under which Cisco will become the banks priority technology partner and support its digital transformation process.
Nicolet Bankshares, Baylake secure regulatory nod for merger
Wisconsin-based Nicolet Bankshares, the parent of Nicolet National Bank, has received regulatory approvals for its merger with local lender Baylake, the parent of Baylake Bank.
Lloyds annual underlying profit up 5% to £8.11bn
Lloyds Banking Group has reported an underlying profit of £8.11bn for the year 2015, a rise of 5% from £7.75bn a year ago.
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RBC’s personal & commercial banking unit records 3% rise in Q1 income
The personal & commercial banking arm of Royal Bank of Canada (RBC) has reported a net income of C$1.29bn in the first quarter of 2016, up 3% compared to C$1.25bn in the year-ago quarter.
Kotak Mahindra Bank buys 19.9% stake in Airtel M Commerce Solutions
Indian private sector lender Kotak Mahindra Bank has acquired a 19.9% stake in Airtel M Commerce Solutions (AMSL), which is expected to launch its payments bank services this year.
Conexus teams up with Grow to bring online lending in Saskatchewan
Saskatchewan-based credit union Conexus has joined forces with Canadian fintech firm Grow to bring online lending to Saskatchewan.
Bank Leumi (UK) opts for Infosys Financle e-banking solution
Bank Leumi (UK), the UK subsidiary of Israel’s Bank Leumi Group, has selected Infosys Finacle Corporate e-banking solution to replace its existing e-banking system.
Google to shut down its financial comparison site
Technology giant Google is set to close its financial comparison site Google Compare one year after its launch in the US and UK.