All articles by Verdict Staff
Verdict Staff
Avaloq launches Avaloq Software Exchange
Avaloq has launched Avaloq Software Exchange to boost innovation in the Avaloq Community, which consists of nearly 150 banks and wealth managers managing assets worth $3.9 trillion.
Citibank introduces new banking service for emerging affluent in Hong Kong
Citibank has launched a new banking service in Hong Kong called, Citi Priority, to lure emerging affluent clients with assets under management of between HK$500,000 and HK$1.5m.
Touch Bank selects FICO to offer personalised banking services
Russia’s Touch Bank, a retail online bank of the international financial group OTP, has implemented FICO’s technology platform, FICO Model Builder, to offer customized banking services.
German carmaker Opel moves into online retail banking space
German automobile manufacturer Opel has forayed into online consumer banking business in a bid to diversify its refinancing base.
Israel’s banking regulator asks Hapoalim, Leumi to sell credit card operations
Bank of Israel, the central bank of the Israel, has asked Bank Hapoalim and Bank Leumi to sell off their credit card businesses.
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HSBC’s Argentine arm told to remove CEO
Argentina’s central bank has asked HSBCs local unit to remove its chief executive and president Gabriel Martino within 24 hours, arguing that the bank failed to establish necessary controls to curb tax evasion and money laundering.
Asia United Bank acquires Singapore remittance firm Pinoy Express
Asia United Bank (AUB), the banking arm of Philippines Rebisco Group, has bolstered its remittance business by acquiring Singapore-registered money transfer firm Pinoy Express.
Bank of China to open branch in Czech Republic
Bank of China has unveiled plans to open a new branch in the Czech Republic by the end of this year.
Singapores DBS Bank launches operations in Australia
DBS Bank, a Singapore-based financial institution, has launched its operations in Sydney, Australia, channelnewsasia.com reported.
Commerzbank receives approval to set up Brazil subsidiary
German lender Commerzbank has secured the go-ahead from the Brazilian Central Bank (BACEN) to establish a subsidiary in São Paulo, Brazil.