All articles by Verdict Staff
Verdict Staff
Bank Mutual to shutter 10% of branch network
Bank Mutual, which primarily operates in the US state of Wisconsin, is planning to close 10% of its branch network on May 16, 2015, reported BizTimes.com.
DBS Bank seeks RBI nod to set up unit in India
Singapore-based DBS Bank has applied to the Reserve Bank of India to set up a local subsidiary to boost its banking business in Asia’s third-largest economy.
German court asks Heta to pay EUR2.3bn to BayernLB
A German court has ordered Heta, a bad bank established to deal with Austrian lender Hypo Alpe Adria, to pay German lender BayernLB about EUR2.3bn.
Embracing technology
Digital advancement means consumers today connect with what they want, where and when they want, and they increasingly expect instant gratification. Gemaltos Howard Berg comments on this trend
Finpacific, Misys partner to offer treasury and risk solutions for Australian market
Finpacific Treasury Systems, a Sydney-based treasury, risk and cashflow management solutions provider, has joined Misys InFusion Partner Programme to offer treasury and risk solutions for Australian market.
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J.C. Flowers to offload 6.5% stake in UK’s OneSavings Bank
American private equity investment firm J.C. Flowers is reportedly planning to sell about 15.7 million shares in Britain’s OneSavings Bank, representing about 6.5% of the stake.
New British bank Atom aims for 5% market share by 2020
New British banking venture Atom Bank is eyeing a 5% share of the personal current or checking account market in Britain over the next five years, the banks CEO Mark Mullen said.
JCB partners with Bank Mandiri for JCB card acceptance
JCB International Indonesia, a subsidiary of JCB International, has signed a partnership with Indonesia-based Bank Mandiri for payment card business.
CaixaBank creates Spains maiden banking app for Apple Watch
Spanish lender CaixaBank has created a banking application for the smart wearable device Apple Watch.
Financial firms to enhance risk-management investment over next two years: Accenture
The majority of financial services firms are planning to increase their risk-management investment over the next two years to address risks of cyber security and fraud, according to a new report from Accenture.