All articles by Verdict Staff
Verdict Staff
HSBC may spin-off UK retail operations -report
HSBC is considering spinning off its UK retail bank in a deal worth about £20bn as part of its plan to move away from the UK, according to a Sunday Times report.
Bank of Baroda partners with UAE Exchange for instant money transfer facility
Bank of Baroda has partnered with UAE Exchange, a remittance and foreign exchange company, to launch an instant cash transfer facility for non-resident Indian (NRI) customers.
DBS Group records 3.25% rise in Q1 profit
DBS Group has posted a net profit of SGD1.27bn including exceptional items for the first quarter of 2015, up 3.25% compared to SGD1.23bn in the first quarter of 2014.
Deutsche Bank Q1 profit dips 50% over litigation cost
German banking major Deutsche Bank has reported a sharp fall in profits after paying EUR1.5bn to cover legal costs and regulatory fines.
Digital adoption drives omnichannel banking in APAC
Todays financial services landscape is changing at a faster rate than ever before. The rules of the game are evolving as new entrants seek to disrupt the industry and attack the market share of established players. A recent McKinsey report on the Asia Pacific (APAC) banking sector begins by asking: what do consumers in the region really want?
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The Net Interest Income Conundrum: Survive or Thrive
Ewen Fleming asks what can banks and building societies do to deliver high savings rates while still meeting their conduct obligations, and is it fair to accuse them of giving customers a raw deal?
Deutsche Bank to dispose retail unit Postbank in new restructuring
Deutsche Bank has revealed plans to spin off its Postbank retail chain in Germany as part of a restructuring designed to boost profitability.
Deutsche Bank mulls selling China bank stake, receives offer from buyers
Deutsche Bank is considering selling its 20% stake in Chinas Hua Xia Bank, which is valued at about $4.8bn.
StanChart considers sale of Oman retail banking business
British lender Standard Chartered is reportedly considering the sale of its retail banking business in Oman and has shelved a plan to close its Islamic retail business in the Gulf nation of Bahrain.
GHL inks TPA services agreement with CIMB Bank
GHL Systems, a Malaysian payment service provider, has inked an agreement to provide payment facilitator or third-party acquisition (TPA) services to CIMB Bank.