All articles by Verdict Staff
Verdict Staff
Scotiabank eyeing acquisitions in Brazil, says CEO
Bank of Nova Scotia, the Canadian lender with operations in more than 55 countries, is considering acquisitions in Brazil, according to the banks CEO Brian Porter.
Indonesia considering merger of state Islamic banks -minister
Indonesias state enterprises minister has reportedly revealed the plans of the government to merge some state Islamic banks in 2015 to gain a wider reach.
Taiwan’s Cathay United Bank green lighted to open branch in Philippines
The Philippine central bank has approved Taiwan’s Cathay United Bank, a wholly owned subsidiary of Cathay Financial Holding, to upgrade its representative office in the country to a full-service branch.
Poland’s Getin sells off its Russian banking unit
Polish financial group Getin Holding has reportedly sold its Russian banking unit Idea Bank Rosja, citing Russia’s weak economy and political environment.
BBVA Compass partners with Dwolla for real-time money transfers
US banking franchise BBVA Compass has partnered with payment processing firm Dwolla to allow its customers send and receive funds instantly through the latters payments platform.
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Alibaba to launch online bank in June
Chinese e-commerce giant Alibabas affiliate Ant Financial will launch its planned online bank, MYbank, in June this year.
Barclays to create 200 banking jobs in Sunderland
British banking giant Barclays is planning to create more than 200 jobs at its new fraud detection centre to be set up in Sunderland, UK.
U.S. Bank partners with American Red Cross for prepaid card services
U.S. Bank has partnered with American Red Cross to provide prepaid card services for the latter’s staff and clients.
Japanese regional banks mull integration
Japans regional lenders Taisho Bank and Tomony Holdings, which owns peer banks in the Shikoku region, are considering business integration in spring 2016.
YES BANK launches Tweets via missed call service for retail customers
YES BANK, an Indian private sector bank, has entered into a strategic partnership with Twitter for its missed call services.