All articles by Verdict Staff
Verdict Staff
Oman UAE Exchange partners with SBI for FLASHremit service
Oman UAE Exchange has joined forces with State Bank of India to launch a real time account credit facility, called FLASHremit, to make money transfer a seamless experience for customers.
Deloitte unveils new regulatory compliance service for financial services firms
Business advisory firm Deloitte has rolled out a new regulatory and investor reporting managed service to help investment managers, banks and insurance firms navigate complex global marketing regulation and tax rules.
HSBC online banking services hit by cyber attack
Banking giant HSBC has been hit by a cyber attack that prevented its customers from accessing internet and mobile banking services for several hours.
Promsvyazbank and the social media revolution
Russian bank Promsvyazbank is among the most active and successful European banks in its use of social media. Timur Zulkarnaev, head of digital & special projects at Promsvyazbank explains why the bank is dedicated to social media
First Gulf Bank annual net profit rises 6% to AED6.01bn
UAE’s First Gulf Bank (FGB) has reported a net profit of AED6.01bn ($1.63bn) for the financial year 2015, an increase of 6% compared to AED5.66bn a year ago.
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JS Bank opens first branch in Bahrain
JS Bank, a Pakistan-based subsidiary of Jahangir Siddiqui & Co., has opened its first branch office in Bahrain to expand its presence in the GCC and the MENA region.
BoE proposes new capital buffer rules for ring-fenced banks
Bank of England (BoE) has proposed additional capital buffer rules for the countrys large retail banks to help them withstand financial crises.
OCBC Bank opens new fintech division
Singapores OCBC Bank has set up a new financial technology unit known as The Open Vault at OCBC.
Caixabank 2015 profit jumps 31%
Spanish retail banking group Caixabank has posted an attributable profit of EUR814m in 2015, a surge of 31.4% compared to EUR620m in the prior year.
Pinnacle Financial to merge with Avenue Financial in $201.4m deal
Tennessee-based Pinnacle Financial Partners (Pinnacle) has agreed to acquire local lender Avenue Financial Holdings (Avenue) in a cash-stock deal worth about $201.4m.