All articles by Verdict Staff

Verdict Staff

Bank AlJazira rolls out new online banking platform

Bank AlJazira (BAJ), a Saudi Arabia-based financial company, has launched a new internet banking platform to enhance its electronic banking services.

TCS launches digital banking solution for US banks

Tata Consultancy Services (TCS), an Indian IT services company, has launched a banking solution for financial institutions in North America.

Slovenia’s Sava to offload 44% stake in Gorenjska Banka

Slovenian tourism and financial firm Sava has said that it planning to sell its 44.07% stake in local lender Gorenjska Banka.

Regulators approve sale of Citi’s Nicaraguan banking unit to Ficohsa

Regulators Superintendency of Banks and Other Financial Institutions of Nicaragua (SIBOIF) and the Superintendency of Banks of Panama (SBP) have approved the sale of Citigroup’s Nicaragua banking portfolio to Grupo Financiero Ficohsa (GFF).

HSBC to rebrand UK retail business

HSBC has unveiled plans to rebrand its British retail banking unit as part of the move to separate the business from the group’s other operations to comply with the UK ring-fencing regulations.

Westpac separates retail and business banking units in Australia

Australian lender Westpac is planning to split its retail and business banking operations in Australia as a part of its organisational restructuring strategy.

Citigroup agrees to sell its Egyptian retail banking business to CIB

American banking giant Citigroup has signed an agreement to sell its retail banking and cards businesses business in Egypt to Commercial International Bank (CIB).

Lebanon’s Bank Audi taps NCR to launch interactive video teller services

Lebanese lender Bank Audi has collaborated with NCR Corporation to launch interactive video teller services for its customers in Lebanon.

HSBC to dispose Brazil, Turkey operations, to expand footprint in Asia

British banking giant HSBC intends to sell its operations in Brazil and Turkey, shrink its investment bank and cut up to 25,000 jobs globally in a bid to slash costs and bolster returns to shareholders.

Kotak Mahindra Bank inks MoU with ING Bank for cross-border business

India’s Kotak Mahindra Bank and ING Bank have signed a memorandum of understanding (MOU) to cooperate on cross border business.