All articles by Verdict Staff
Verdict Staff
RBC gets Fed approval for City National acquisition
The board of governors of the US Federal Reserve System has approved Royal Bank of Canada’s (RBC) acquisition of City National Corp.
Emirates Islamic launches Islamic banking index in UAE
Emirates Islamic, a UAE-based Islamic financial institutions, has launched the Islamic Banking Index by Emirates Islamic, a consumer focused survey on Islamic Banking in the UAE.
NatWest and RBS unveil cashback bank account
NatWest and RBS have launched a new personal current account which will pay customers 3% cashback on eligible household bills.
Military Bank to merge with Song Da Finance
Vietnamese lender Military Bank has agreed to merge with Song Da Finance (SDFC), the financial arm of state-owned construction firm Song Da.
Ameris Bancorp to take over Jacksonville Bancorp
Ameris Bancorp, the parent of Ameris Bank, has agreed to acquire Jacksonville Bancorp, the parent of The Jacksonville Bank, Jacksonville, Florida in a $96.6m deal.
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Societe Generale finalises stake purchase in Mauritius Commercial Bank Mozambique
French lender Societe Generale has finalised the acquisition of a stake in Mauritius Commercial Bank Mozambique (MCBM), following the signing of a deal between the two banks in March 2015.
Scotiabank partners with EnStream for mobile payments
Scotiabank has expanded the reach of its mobile payment service, My Mobile Wallet, by connecting it to mobile payments hub EnStream.
Barclays Africa launches start-up community to promote fintech innovation
Barclays Africa has launched a physical and virtual global start-up community called, Rise, to facilitate collaboration and fintech innovation.
British banking regulators introduce new whistle-blower rules
The UKs Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have published new rules to encourage culture of whistleblowing at large financial firms in the country.
Global non-cash payment volumes rose 9% in 2014: RBS, Capgemini report
Non-cash payment increased at a rate of 9% in 2014 to 389.7 billion transactions, up from growth rate of 7.6% in 2013, according to the World Payments Report 2015 from Capgemini and the Royal Bank of Scotland (RBS).