All articles by Verdict Staff
Verdict Staff
Bank Muscat introduces integrated ATM/CDM services
Bank Muscat has launched a new consumer banking service featuring integrated ATM/CDM machines in select branches and offsite locations across Oman.
RBC completes first cross-border payment on new RMB trading hub
Royal Bank of Canada (RBC) has completed its maiden cross-border Renminbi (RMB) payment on Canada’s new RMB trading hub.
BNP Paribas receives regulatory nod for Polish bank merger; to slash 1800 jobs
French banking giant BNP Paribas has received approval from the Polish financial regulator to merge BNP Paribas Polska with Bank BGZ, removing the last remaining hurdle to the merger.
Pakistan sells Habib Bank stake for $1.02bn
The government of Pakistan has sold its entire stake in Habib Bank, the countrys largest private-sector bank by asset, for $1.02bn.
St. Galler Kantonalbank, SIX Payment launch mCashier in St. Gallen
St. Galler Kantonalbank (SGKB) and SIX Payment Services have launched mobile payment solution mCashier in St. Gallen, Switzerland.
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GE to sell most of its banking business
General Electric (GE) has decided to sell most of GE Capital assets and return about $90bn to shareholders by reducing the size of its financial businesses.
Standard Bank launches biometric mobile banking
South Africas Standard Bank has introduced a biometric mobile banking solution that allows iPhone and iPad users to sign into the banks mobile app using fingerprints.
AnchorBank to reduce branch count, slash jobs
AnchorBank is planning to lay off as much as 20% of its employees while consolidating and selling seven branches as part of a plan to slash expenses.
Federal Reserve eases small bank mergers
The Federal Reserve has finalized a rule to allow small banks to exceed debt limits when financing mergers and acquisitions.
IndusInd Bank to acquire RBS’ unit in India
Indian lender IndusInd Bank has entered into an agreement to acquire Royal Bank of Scotlands (RBS) diamond and jewellery financing business in India along with its related deposit portfolio.