All articles by Verdict Staff
Verdict Staff
DBS Group records 15% jump in Q2 profit
Singapore-based lender DBS Group has posted a net profit of SGD1.117bn for the second quarter of 2015, a rise of 15% from SGD969m a year ago.
Kentucky Bancshares wraps up Madison Bank acquisition
Kentucky Bancshares, the holding company of Kentucky Bank, has completed the purchase of Madison Financial of Richmond, Kentucky.
NAB plans to sell remaining stake in Great Western Bank for $385m
National Australia Bank (NAB) is planning to raise $385m by offloading its final stake in its former US subsidiary Great Western Bancorp (GWB) through a public offering.
ANZ to offload 38.9% stake in Indonesias Panin Bank
Australia & New Zealand Banking Group (ANZ) is planning to sell its 38.9% stake in medium lender PT Bank Pan Indonesia, also known as Panin Bank, dealstreetasia.com reported.
IndusInd Bank completes takeover of RBS bullion financing arm
IndusInd Bank has completed acquisition of the diamond and jewellery financing unit of Royal Bank of Scotland (RBS) in India.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Barclays in talks to sell Portugal unit to Spain’s Bankinter
British banking giant Barclays is in exclusive talks to sell its retail banking operations in Portugal to Spain’s Bankinter.
UBS retail and corporate unit Q2 pre-tax profit up 12.8%
The retail and corporate arm of Swiss lender UBS has posted an adjusted profit before tax of CHF414m for the second quarter of 2015, up 12.8% compared to CHF367m a year earlier.
CapitalMark Bank & Trust shareholders approve merger with Pinnacle Bank
CapitalMark Bank & Trust shareholders have given approval to the proposed merger of CapitalMark with Pinnacle Bank.
CSC, HCL ink JV to create banking software and services company
IT providers CSC and HCL Technologies have signed a joint venture agreement to form a banking software and services company.
Intesa Sanpaolo plans to offload consumer credit unit
Italy-based retail bank Intesa Sanpaolo is reportedly planning to sell its Accedo consumer credit unit by the end of 2015.