All articles by Verdict Staff
Verdict Staff
Emirates NBD and ICICI Bank tie up for money transfers service
UAE-based lender Emirates NBD has tied up with ICICI Bank, an Indian private sector bank, to enable customers in the UAE to instantly remit money to India through DirectRemit service.
AmericanWest Bank agrees to take over Bank of Sacramento
AmericanWest Bank has executed a definitive agreement to acquire Bank of Sacramento creating a larger combined presence in the Greater Sacramento area.
HSBC accelerates exit from emerging markets
HSBC is speeding up plans to withdraw from key emerging markets in order to shrink its operations, according to a Financial Times report.
Westpac to provide banking services via post offices
Australian lender Westpac has entered into a partnership with Australia Post to provide banking services via post offices across the country.
Cairo Amman Bank receives license to operate in Bahrain
The Central Bank of Bahrain (CBB) has granted a license to Cairo Amman Bank, a full-service bank in Jordan and Palestine, to operate in Bahrain.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
BNI to expand overseas presence with new branch in South Korea
Indonesian state lender Bank Negara Indonesia (BNI) is preparing to open an overseas branch in Seoul to serve Indonesian customers living in the country.
Barclays rolls out cashback bank account
Barclays has unveiled a new rewards programme called Barclays Blue Rewards, offering customers up to £180 a year in cashback.
Citigroup Q1 profit surges 21%; consumer banking net income up 4%
Citigroup has reported net income of $4.77bn for the first quarter 2015, an increase of 21% compared to $3.94bn a year ago.
Kenya’s Housing Finance to set up core banking subsidiary
Housing Finance Company of Kenya (Housing Finance), a mortgage finance provider, is reportedly planning to set up a banking subsidiary named HFC Bank in 2015, subject to Central Bank of Kenya approval.
BBVA acquires design firm Spring Studio to enhance digital banking
Spanish lender BBVA has purchased San Francisco-based user experience and design agency Spring Studio to accelerate its efforts in digital banking.