All articles by Verdict Staff
Verdict Staff
FirstRand Bank plans to set up wholly-owned subsidiary in India-report
South African lender FirstRand Bank, which started operations in India in 2009, is reportedly building a base to start a wholly owned subsidiary in the country.
New York court overturns citys ‘responsible banking’ law
A New York federal judge has annulled New York City’s responsible banking law, which requires banks to document how well they meet the requirements of poor neighborhoods.
Banco Sabadell receives banking licence in Mexico
Spain’s Banco Sabadell has secured a banking licence in Mexico, one year after starting to offer funding in Mexico through subsidiary Sabadell Capital.
NAB Q3 cash earnings up 9%
National Australia Bank (NAB) has reported unaudited cash earnings of about A$1.75bn for the third quarter of 2015, an increase of approximately 9% compared to the same period last year.
Saudi Hollandi Bank rolls out new Shariah-compliant product
Saudi Hollandi Bank has launched a new Shariah-compliant product, known as Ready Cash, to offer its customers flexible repayment options and usage.
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Central Bank of India to sell stake in housing finance subsidiary
Central Bank of India is planning to sell its stake in its housing finance subsidiary Cent Bank Home Finance through an initial public offer in the third quarter of 2016.
Promsvyazbank shareholders to buy controlling stake in Bank Vozrozhdenie
Shareholders of Russian lender Promsvyazbank have agreed to purchase a controlling stake in Bank Vozrozhdenie.
Korea Investment Holdings, Daum KaKao partner for digital-only bank
Brokerage house Korea Investment Holdings and Daum KaKao have agreed to create a consortium to launch an online-only bank in South Korea.
First Rand Bank receives final go-ahead to begin Ghana operations
South Africa’s First Rand Bank has secured the final nod from the Bank of Ghana (BoG) to begin operations in Ghana.
Are banks measuring and mitigating their people risks?
Mary Clarke looks at how banks can more effectively manage their people risk by paying more attention to employee behaviour. She argues that if banks are to regain public trust and restore their damaged reputations they must drive a positive culture change