All articles by Verdict Staff
Verdict Staff
RBS to further slash stake in Citizens Financial
Royal Bank of Scotland 9RBS) is planning to sell more than $3bn worth of shares in US bank Citizens Financial Group, bringing its stake in bank below 50%.
Kuveyt Turk set to launch Islamic bank in Germany
Turkish lender Kuveyt Turk is set to become first Islamic bank to get approval from the German financial regulator Bafin to launch a full-fledged Islamic bank in the country and offer sharia-compliant retail banking services.
Retail Banker International Award Nominations
The Retail Banker International Awards celebrate the best in category within retail banking with winners to be announced on 21 May 2015. These prestigious awards, sponsored again by Fiserv, are highly regarded within the industry as a mark of high performance and represent an exceptional level of achievement
ASEAN finalises banking integration framework
Members of the Association of Southeast Asian Nations (ASEAN), a political and economic organisation of ten Southeast Asian countries, have signed a banking integration framework agreement to allow the banks to enter into joint bilateral agreements.
Landbank plans to open 12 new branches
State-run Land Bank of the Philippines is planning to open 12 new branches and 20 new LANDBANK Easy Access Facility (LEAF) in the country in 2015.
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Deutsche Bank may spinoff consumer banking unit: Report
German banking major Deutsche Banks supervisory board is in favor of spinning off retail banking unit as part of its planned restructuring to meet capital requirements, Reuters reported, citing unidentified sources.
Societe Generale to buy stake in Mauritius Commercial Bank Mozambique
French banking giant Societe Generale has accelerated its growth in Africa by signing a deal with Mauritius Commercial Bank to acquire a stake in its Mauritius Commercial Bank Mozambique (MCBM).
Arbuthnot Bank retail arms 2014 pre-tax profit surges
Secure Trust Bank, the retail banking unit of Arbuthnot Banking Group has posted a pretax profit of £26.3m for the year ended 31 December 2014, an increase of 53% compared with £17.2m a year ago.
HDFC plans to open 200 branches in Kerala
Indian private sector lender HDFC Bank has revealed plans to open 200 branches across state of Kerala over the next two years.
GlobeOne, InvestaBank and Bankaool tie up to bring mobile banking to Mexico
GlobeOne, a financial technology company, has entered into a partnership with Mexican financial services firms InvestaBank and Bankaool to launch mobile banking solution in Mexico.