All articles by Verdict Staff
Verdict Staff
Citibank launches new banking product for high-income clients in India
Citibank India has introduced a new retail banking platform, Citi Priority, for high-income clients below 40 years of age.
Russian government approves creation of Postal Bank
The government of Russia has given the go-ahead to the creation of Post Bank, a joint venture between VTB and Russia’s state-run postal service.
Emirates NBD plans to open Islamic bank in Indonesia
UAE-based banking group Emirates NBD is planning to set up a new Islamic banking subsidiary in Indonesia to tap underdeveloped financial sector in the world’s most populated Muslim-majority country.
Barclays collaborates with Verifone to broaden Pingit acceptance in UK
Barclays has partnered with payments technology firm Verifone to extend the acceptance of its mobile payment app Pingit in the UK.
HSBC Bank Middle East to move head office to Dubai from Jersey
HSBC Bank Middle East (HBME) has said that it intends to transfer its place of incorporation and head office to the Dubai International Financial Centre in 2016.
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Swedbank to buy Danske Banks retail banking units in Lithuania, Latvia
Swedish lender Swedbank has agreed to acquire Danske Bank’s retail banking operations in Lithuania and Latvia.
Avidia Bank collaborates with linked2pay for Avidia Pay
Avidia Bank has partnered with linked2pay, a provider of ACH and credit card payment solutions, to deliver its business payment solutions Avidia Pay.
Alizz Islamic Bank selects Wolters Kluwers platform for asset and liability management
Oman-based Alizz Islamic Bank has selected Wolters Kluwer Financial Services OneSumX platform for asset and liability management (ALM).
BB&T to shut down Susquehanna’s Maryland unit; axe 140 jobs
BB&T is set to close Susquehanna’s loan processing center in Hagerstown, Maryland, resulting in 140 more layoffs from the recently-acquired Susquehanna Bancshares.
Crédit Mutuel Arkés acquires fintech Leetchi Group
Crédit Mutuel Arkés has acquired a majority stake in fintech Leetchi Group. The bank has acquired 86% of the French fintech who founded MANGOPAY.