All articles by Verdict Staff

Verdict Staff

Barclays names JPMorgan’ executive as new COO

Barclays has named JPMorgan’s chief administrative officer Paul Compton as its new group COO, effective May 2016.

Bandhan Bank ties up with Visa for debit cards

India’s Bandhan Bank has partnered with Visa International for debit cards. The card will have two variants – Visa Classic and Visa Platinum.

Deutsche Bank CEO allay fears over financial stability, says bank ‘rock-solid’

In a bid to reassure investors and staff on the bank’s financial stability amid a continuing sell-off in the bank’s shares, Deutsche Bank CEO John Cryan said that the lender “remains rock-solid” with a strong capital and risk position.

Philippines’ central bank lifts moratorium on new bank licenses

The central bank of Philippines has lifted a moratorium on the granting of licenses to set up new banks.

Central Bank of Myanmar: 13 foreign banks applying for licences

A total of 13 foreign banks have submitted applications in Myanmar’s second round of foreign bank licensing, according to the Central Bank of Myanmar.

UniCredit Q4 profit falls 10%

Italian banking group UniCredit has posted an attributable net profit of EUR153m in the fourth quarter of 2015, a decline of 10% compared to EUR170m in the year-ago quarter.

NAB unveils personal banking origination platform

National Australia Bank (NAB) has unveiled a new personal banking origination platform that will reduce the processing times of personal loan and credit card applications.

Kazkommertsbank partners with Visa to launch HCE payments service

Kazkommertsbank, a private bank in Kazakhstan, has partnered with Visa to launch the contactless mobile payments service in Kazakhstan.

CBA H1 cash profit rises 4% to A$4.8bn

Commonwealth Bank of Australia (CBA) has reported a cash profit of A$4.8bn for the first half ended 31 December 2015, a rise of 3.9% compared to A$4.62bn in the year ago period.

Russian government annuls license of two more banks

The central bank of Russia has revoked the licenses of Intercommerz and Alta-Bankas part of the government’s strategy to consolidate the banking sector.