All articles by Verdict Staff
Verdict Staff
HSBC pre-tax profit drops 17%
HSBC has said that its pre-tax profit for the year ended 31 December 2014 fell 17% to US$18.7bn from US$22.6bn a year ago.
Axis Bank launches premium service for affluents
Indian private sector lender Axis Bank has launched a premium service targeted at high net worth individuals (HNWIs).
Hiding jewels under the mattress
Alone among UK retail banks, Metro Bank is actively marketing its safety deposit boxes. By contrast, established players such as Lloyds, Barclays, RBS NatWest and HSBC have all axed the service. John Schaffer investigates
Ulster Bank to create 350 new jobs in Belfast
Ulster Bank has said that it will hire additional 350 staff at its call centre in Belfast, to handle calls from its parent company RBS and sister bank NatWest customers.
ABN Amro retail banking business registers 49% surge Q4 underlying profit
Nationalized Dutch bank ABN Amro’s retail banking arm has posted an underlying profit of EUR238m for the fourth quarter of 2014, an increase of 49% compared to EUR160m a year ago.
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RBS and NatWest to launch debit cards for blind and partially sighted customers
The Royal Bank of Scotland (RBS) and National Westminster Bank (NatWest), a retail and commercial bank in the UK, have tied up to launch new accessible debit and savings cards designed for blind and partially sighted customers.
Branches remain prevalent despite a digital revolution in banking: FDIC
Although online and mobile banking have seen a phenomenal rise, physical branches continue to remain prevalent, according to a research from the Federal Deposit Insurance Corporation (FDIC).
ABN AMRO selects Infosys to drive its business transformation program
ABN AMRO has awarded Indian software company Infosys a multi-year, multi-million dollar contract to offer IT services to its retail and commercial banking businesses.
Santander Bank reaches accord with New York over bank account access
Santander Bank has reached an accord with the New York Attorney General Eric Schneiderman to amend the way it screens applicants for savings and checking accounts.
JPMorgan tops US governments list of risky banks
JPMorgan Chase is expected to pose the greatest hazard to the financial system if it fails, according to a study conducted by the Office of Financial Research (OFR), a unit of the Treasury Department.