All articles by Verdict Staff

Verdict Staff

AnaCap Financial to buy Poland’s FM Bank

British private equity firm AnaCap Financial Partners has agreed to acquire FM Bank, a Poland-based retail and SME bank.

ANZ receives final approval to open branch in Myanmar

ANZ Banking Group has received the final regulatory approval from the Central Bank of Myanmar to open a branch in Myanmar.

Fifth Third Bank fined for discriminatory auto-lending and illegal credit card practices

Fifth Third Bank has been fined a total of $21.5m to settle US charges for discriminatory auto loan pricing and deceptive marketing of credit card add-on products to bank customers.

Citi Retail Services, Wawa ink multi-year credit card agreement

Citi Retail Services has signed a multi-year deal with Wawa to launch a private label consumer credit card program for Wawa customers.

Interest in mobile banking apps continues to grow among US consumers: TSYS study

US consumers’ interest in mobile applications provided by financial institutions to manage and protect finances continues to grow. They are highly adopted and frequently used by the clients, according to an online survey conducted by TSYS.

Bank of Cyprus wraps up Russian subsidiary sale

Bank of Cyprus has completed the sale of its stake in its Russian subsidiary Uniastrum Bank and certain other Russian assets to Artem Avetisyan, majority shareholder of Bank Regional Credit.

BB&T to shut down six National Penn branches

BB&T is shutting down six bank branches as part of its $1.8bn takeover of National Penn Bancshares.

Barclays Bank unveils innovation hub in Kenya

Barclays Bank has launched a product development lab in Nairobi, Kenya, in partnership with Moringa School and global start-up investment firm Nest.

National Bank of Fujairah expands branch network in Abu Dhabi

National Bank of Fujairah (NBF) has bolstered its physical network in the emirate by launching a new corporate banking office in Abu Dhabi.

AmBank chooses Software AG to transform its core banking system

Malaysia’s AmBank Group has selected Germany-based Software AG’s webMethods middleware solution to digitise its retail banking business.