All articles by Verdict Staff

Verdict Staff

American G-SIB implements AxiomSL for LCR reporting in Germany, France and UK

An American global systemically important bank (G-SIB) has implemented AxiomSL’s platform in Germany, France and the United Kingdom (UK).

ABN Amro’s retail banking unit sees 5% decline in Q3 underlying profit

The retail banking arm of Dutch lender ABN Amro has posted an underlying profit of EUR319m for the third quarter of 2015, down 5% compared to EUR336m in the year-ago quarter.

The Changing World of Payments

For many years, little changed in the world of payments. Of course, with this £75 trillion per year industry being a vital part of the country’s economic and financial infrastructure, one might argue that this was a good thing. Anthony Duffy, Director of Retail Banking at Fujitsu, comments on these trends

Meezan Bank wraps up acquisition of HSBC Bank Oman’s Pakistan operations

Pakistan-based lender Meezan Bank has completed the acquisition of HSBC Bank Oman’s Pakistan banking business.

UniCredit plans to slash up to 12,000 jobs, sell assets

Italian banking major UniCredit is planning to axe up to 12,000 jobs and sell assets as part of revised strategic plan to improve capital situation.

RBI allows co-operative banks to offer internet banking

Reserve Bank of India (RBI) has permitted all co-operative banks to offer internet banking to their customers.

Societe Generale to close 400 branches and slash 2000 jobs by 2020

French lender Societe Generale has announced plans to axe about 2,000 jobs in its French retail banking unit as more customers switch to online banking.

Danske Bank to implement OneTick data management platform

Denmark’s Danske Bank has selected OneMarketData’s OneTick data management platform to handle its tick data needs.

U.S. Bank unveils online payment management tool for small businesses

U.S. Bank has launched a new online payment management tool, called ScoreBoard, for small business consumers.

Seacoast Banking Corporation of Florida to buy Floridian Bank for $76.5m

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, has agreed to purchase Floridian Financial Group, the parent of Floridian Bank, in a deal worth about $76.5m.