All articles by Verdict Staff
Verdict Staff
European Commission approves Sabadell’s £1.7bn acquisition of TSB
Spanish lender Banco de Sabadell has received approval from the European Commission to buy Britain’s TSB Banking, a spin-off of Lloyds Banking, for £1.7bn.
Deutsche Bank retail banking chief set to quit
Deutsche Bank retail banking chief Rainer Neske is set to leave the firm following the German lender’s decision to split up and offload majority of his domain, including Postbank.
GTBank rolls out new fund transfer service in Nigeria
Guaranty Trust Bank (GTBank) has introduced a new mobile channel that allows its customers to transfer money on the mobile phone to both GTBank and other bank account holders in Nigeria.
Axis Bank to launch new POS terminals for NFC-based card acceptance
India-based private sector bank Axis Bank is planning to launch 20,000 point of sale (POS) terminals at merchants for NFC-based card payment acceptance.
Taiwan’s CTBC Bank receives approval to open office in Malaysia
Taiwanese lender CTBC Bank has received approval from Malaysian financial regulator to open a representative office in Kuala Lumpur.
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RBI plans to create IT subsidiary to boost cyber security in Indian banking sector
The Reserve Bank of India (RBI) at its board meeting proposed to create an IT subsidiary to beef up cyber security in the Indian banking sector.
Docupace, Security Snapshot partner to offer cyber-security solutions to financial services firms
Docupace Technologies, a SEC/FINRA-compliant paperless processing systems provider, has teamed up with computer security services firm Security Snapshot to offer comprehensive cyber-security solutions for financial services firms.
CaixaBank assimilates Barclays Bank SAU
Spanish lender CaixaBank and Barclays Bank, SAU, a subsidiary of CaixaBank since January 2015, have warped their legal merger, after the merger deeds were filed with the trade registry.
Crédit Agricole offloads Albanian arm
French lender Credit Agricole has inked an agreement to sell its Albanian unit, Credit Agricole Albania, to the local company Tranzit, which is a subsidiary of NCH Capital for an undisclosed sum.
Bank of Communications nears deal to buy Brazils Banco BBM
China’s Bank of Communications (BoCom) is closer to a deal to acquire 80% stake in Brazilian lender Banco BBM for nearly $200m.