All articles by Verdict Staff
Verdict Staff
ICICI Bank to expand China presence
Indian private sector lender ICICI Bank is set to bolster its footprint in China by opening a new branch in Shanghai.
Accenture, Moven collaborate to develop new digital banking platforms
Moven, a banking service that provides real-time behavioural feedback to customers, has signed a services agreement with Accenture to develop new digital banking solutions.
ABN Amros retail banking unit registers 49% surge in Q1 underlying profit
The retail banking arm of Dutch bank ABN Amro has posted an underlying profit of EUR338m for the first quarter of 2015, up 49% compared to EUR226m a year ago.
RBS to close branches across Fife, Scotland
The Royal Bank of Scotland (RBS) has decided to close five branches in Fife, Scotland due to changing customer habits.
Will banks survive the onslaught of tech?
Steffan Aquarone from Droplet gives a fintech startups perspective, what it is that makes these new entrants to market more nimble and agile and its not just in the technology. Mind over matter is the order of the day and it needs to filter from the top down. C-level execs, take heed. May your approach be nimble
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Israels Bank Leumi to venture into P2P loan market
Israeli lender Bank Leumi, part of Leumi Group, is reportedly set to venture into the P2P (peer-to-peer) loan market.
BIAN designs global standard for core banking technology
The Banking Industry Architecture Network (BIAN), an independent not-for-profit association, has completed the development of a globally standardised IT architecture design for banks.
UK slashes stake in Lloyds to below 20%
The Britain government cut its stake in state-rescued Lloyds Banking Group to just below 20% after offloading another chunk of shares worth £500m.
Deloitte partners with nCino to accelerate innovation in banking industry
Deloitte Digital, a digital consulting agency within Deloitte Consulting, in collaboration with nCino, a cloud-based operating solutions provider to the financial services industry, has launched nCino Delivery Center of Excellence to accelerate innovation in the banking sector.
HSBC may pick buyer for Brazilian unit in June- report
British banking giant HSBC is expected to pick buyer for its unprofitable Brazilian banking unit in mid-June 2015.