All articles by Verdict Staff
Verdict Staff
HSBC again hints at spinning off UK retail branches
Second time in a fortnight HSBC has hinted that it may spin off its UK retail business if new laws prevent it from keeping control of the divisions capital and management, The Financial Times has reported.
NAB H1 cash earnings up 5%; to raise A$5.5bn to exit UK banking market
National Australia Bank (NAB) has posted cash earnings of A$3.32bn for the first half-2015, an increase of an increase of A$170m or 5.4% compared to the year ago period.
OCBC to revamp consumer banking unit in China
Oversea-Chinese Banking (OCBC) is reportedly planning to remodel its unprofitable consumer-banking unit in China to boost profits from the mainland.
StanChart says London headquarters domicile under review
Standard Chartered has said that its continues to assess whether to keep its headquarters in London or move to Asia as the Asia-focused lender expects the bank levy to rise yet further.
Gemalto and Coop Bank tackle environmentally friendly and biodegradable contactless cards
How can banking be better for the environment? One option, offered by international digital security company Gemalto, is a biodegradable contactless card. Patrick Brusnahan talks to Billy Tran of Gemalto about this new product and its benefits as well as other sustainable services that can be provided by banks
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Data: Surely it is an IT issue, right?
Data is not generally seen as a banking issue, when in fact, it is one of the few, crucial advantages it has. Ben Robinson argues that the banking sector needs to build on the competitive advantages it has, particularly around data, to deliver a better, fuller, richer banking experience for the consumer
BAWAG introduces card-less ATM withdrawals in Europe
Austrian lender BAWAG has introduced card-less cash withdrawals at ATMs across all its branches in collaboration with its technology partner Wincor Nixdorf.
EU approves Caixabank bid to takeover Portugal’s Banco BPI
The European Commission has approved a bid placed by Spain’s Caixabank to takeover Portugal’s Banco BPI, paving the way for the Spanish bank to register the offer formally with regulators, reported Reuters.
HSBC retail banking and wealth management units Q1 pre-tax profit down 5%
HSBC’s retail banking and wealth management unit has registered a pre-tax profit of $1.62bn in first quarter 2015, down 5.19% from $1.71bn a year earlier.
Bank Muscat launches augmented online banking service
Bank Muscat has launched enhanced online banking service for its retail and corporate customers.