All articles by Verdict Staff
Verdict Staff
Crédit Agricole plans to offload stakes in its network of regional banks
French banking group Crédit Agricole is weighing plans to offload stakes in its network of regional banks in order to free up capital and simplify its structure.
Barclays launches new digital cash collection service for businesses
British banking giant Barclays has introduced a new cash collection service for its business customers and corporate clients, known as Barclays Collect.
BofA consumer banking arm registers 8% rise in Q4 income
The consumer banking division of Bank of America (BofA) has posted a net income of $1.79bn for the fourth quarter of 2015, an increase of 8.7%compared to $1.65bn in the year-ago quarter.
ICICI Bank sets up first branch in South Africa
Indian private sector lender ICICI Bank has opened its first full service branch in Johannesburg, South Africa.
HSBC launches ‘nudge theory’ banking app
HSBC has launched a new mobile app that will use the ‘nudge theory’ to help its customers make better financial decisions and help them avoid incurring overdraft charges.
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Westpac to overhaul credit card limit increase processes
Australian banking major Westpac has agreed to step up its processes for boosting credit card limits after the Australian Securities and Investments Commission (ASIC) flagged concerns over the practices.
National Bank of Greece shareholders approve Turkish subsidiary sale
National Bank of Greece (NBG) has secured the shareholders approval for sale of its Turkish subsidiary Finansbank to Qatar National Bank (QNB).
BTI Payments selects IBM for ATM infrastructure management
BTI Payments, which runs over 3,000 White Label ATMs (WLA) in India, has signed a $40m seven-year deal with technology giant IBM to transform its IT infrastructure.
JP Morgan Chase consumer & community banking units Q4 income up 10%
JP Morgan Chases consumer & community banking arm has posted a net income of $2.4bn in the fourth quarter of 2015, up 10.4% compared to a net income of $2.18bn in the year ago quarter.
Neyber introduces new consumer lending platform
UK financial employee benefits provider Neyber has launched a new consumer lending platform that will allow employers to offer loans at low interest rates.