All articles by Verdict Staff
Verdict Staff
Bank Rakyat Indonesia to join forces with Malaysia’s Bank Rakyat
Bank Rakyat Indonesia (BRI) is planning a remittance partnership with Bank Kerjasama Rakyat Malaysia (Bank Rakyat) with plans to expand its services.
Deutsche Bank to launch three banking tech labs in 2015
Deutsche Bank is planning to launch three banking technology innovation labs in 2015 to accelerate development of financial technology firms that can help the banking sector.
Itau, Bradesco, Santander propose to buy HSBC’s Brazilian unit
Brazilian lenders Itau Unibanco Holding, Banco Bradesco and Banco Santander Brasil, the Brazilian unit of Spanish lender Banco Santander, have reportedly submitted bids to purchase the Brazilian business of HSBC Holdings.
PZU bids to buy Raiffeisen’s Polish banking unit
Poland’s state-owned insurer PZU has reportedly submitted an offer to purchase Raiffeisen Polbank, the Polish banking arm of the Austrian lender.
CertusBank to sell banking operations and branches to BNC Bancorp
CertusBank, a national bank based in South Carolina, has entered into a definitive agreement with BNC Bancorp (BNC), the parent company for Bank of North Carolina, to sell its banking operation.
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HSBC to lay off thousands of employees globally
UK-based HSBC is reportedly preparing to cut thousands of jobs across its global workforce in a drive to reduce its costs after a series of reputational crises.
China unveils ATM with face recognition technology
China has unveiled the world’s first automated teller machine (ATM) with inbuilt facial recognition technology to reduce the risk of theft.
Chase adds Touch ID authentication to its mobile banking app
Chase, the US consumer and commercial banking business of JPMorgan Chase, has added Touch ID authentication for iPhones to its mobile banking application.
State Bank of India rolls out new online lending platform
The State Bank of India (SBI) has launched an online lending platform named Online Customer Acquisition Solution (OCAS).
ING, Bahrain’s ABC, BNP Paribas bid to buy HSBC Turkey
ING Group, BNP Paribas and Bahrain-based Arab Banking Corporation (ABC) have reportedly submitted bids to acquire HSBC’s Turkish business.