All articles by Verdict Staff
Verdict Staff
UK to sell half of its stake in RBS within two years
British government is planning to sell 50% of its stake in Royal Bank of Scotland (RBS), worth £16bn ($25bn), in the next two years.
Union Bank of India plans to launch 100 digital branches
Union Bank of India, one of the largest public sector banks of India, has unveiled plans to launch 100 digital branches in 2015.
EBRD in talks to buy stake in Ukrainian unit of Raiffeisen Bank
The European Bank for Reconstruction and Development (EBRD) is in talks to acquire a minority stake in the Ukrainian arm of Austria’s Raiffeisen Bank International.
Santander hikes stake in US consumer loans unit
Spanish lender Banco Santander is paying $928m to acquire an additional 9.68% stake in its separately listed US consumer loans unit, Santander Consumer USA Holdings.
Muslim Commercial Bank eyes retail banking presence in UAE
Pakistan-based Muslim Commercial Bank (MCB) is planning to open eight retail branches in the UAE, said the bank’s group chairman Mian Mohammad Mansha.
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Moroccos Attijariwafa Bank selects HPS for multi-bank e-payments platform
Morocco-based Attijariwafa Bank has selected HPS, a provider of electronic payments solutions, to help it in the implementation of a new industrial multi-bank electronic payment platform.
Bank of Tokyo-Mitsubishi plans to double branch count in India
Japan’s Bank of Tokyo-Mitsubishi (BTMU) is planning to double its branches in India to 10 over the coming three years.
ADIB eyes acquisitions in Asia, MENA in 2016
Abu Dhabi Islamic Bank (ADIB) is planning acquisitions in Asia, the Middle East, and North Africa (MENA) in 2016, according to the banks chief executive.
Lloyds to slash 700 jobs across various units
Lloyds Banking Group is set to axe about 700 jobs across its various divisions including retail, as part of its restructuring programme.
Barclays opens up cheque imaging service to Android, iPad users
Barclays has extended its mobile cheque imaging service to its customers with android phones and iPads.