All articles by Verdict Staff
Verdict Staff
Citigroup to sell retail banking, card operations in Brazil, Argentina and Colombia
Citigroup has announced plans to sell its retail banking and credit card businesses in Brazil, Argentina and Colombia in an effort to boost profitability.
DBS annual net profit up 10% to SGD4.45bn
Singapore-based lender DBS has reported a net profit of SGD4.45bn for the full-year 2015, a jump of 9.8% compared to SGD4.05bn in 2014.
Are MP’s demands the solution to UK’s banking IT problems?
For some time now the European banking sector has been in the firing line for a number of reasons ranging from job cuts, increased regulation, lower profitability and major IT glitches. All of which can potentially lead to brand damage, customer dissatisfaction and fines in some cases from the regulators
HSBC full-year pre-tax profit flat at $18.87bn
British banking giant HSBC has reported a pre-tax profit of $18.87bn for the year ended 31 December 2015, a marginal rise compared with $18.68bn a year ago.
HSBC to roll out voice and touch ID system in UK
British banking giant HSBC is set to introduce voice recognition and fingerprint ID security services in the UK that will allow customers to access accounts without the requirement of a password.
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Rabobank annual profit surges 20% to EUR2.21bn
Dutch lender has reported a net profit of EUR2.21bn in 2015, a jump of 20% compared to EUR1.84bn in 2014.
BEKB taps KOBILs platform to secure mobile banking
Swiss cantonal bank Berner Kantonalbank (BEKB) has selected KOBILs mIDentity Protection Platform to secure its mobile banking.
National Commercial Bank to shut down branches in Lebanon
Saudi lender National Commercial Bank (NCB) has announced plans to close two branches in Lebanon owing to poor financial returns.
FDIC toughens recordkeeping rule for banks
The Federal Deposit Insurance Corporation (FDIC) has approved plans to strengthen record-keeping requirements for banks with a large number of deposit accounts.
First National Bank wraps up Metro Bancorp acuisition
Pennsylvania-based First National Bank (FNB) has closed the acquisition of local lender Metro Bancorp, boosting its assets to over $20bn.