All articles by Verdict Staff

Verdict Staff

TD Bank may layoff more employees as it reviews cost

Canada’s Toronto-Dominion (TD) Bank is conducting a review of costs across its operations, which is expected to result in more job cuts.

KBC Bank to hire 100 new employees in Ireland

KBC Bank Ireland is planning to create about 100 new jobs in Ireland in 2015 in a retail expansion push.

Sumitomo Mitsui Trust Bank in talks to buy Citigroup’s card business in Japan

Japan’s Sumitomo Mitsui Trust Bank is in talks with Citigroup to acquire Citi Cards Japan, Citigroup’s credit card business in Japan.

Bank of India takes 19.90% stake in YouFirst Money Express’ proposed payments bank

Indian public sector lender Bank of India is set to take a 19.90% equity stake in the proposed payments bank promoted by YouFirst Money Express, part of YouFirst Ventures.

Lloyds launches electronic identification for online account opening

Lloyds Banking Group has launched a new service which will enable customers to upload identification documents for online account opening using a camera enabled computer, mobile or tablet.

Santander Bank to shut down all Maryland branches

Santander Bank, the Boston-based unit of Spain’s Banco Santander, is shutting down all 10 of its Maryland branches.

Commerzbank Q4 net income up 20% as provisions for risky loans fall

German lender Commerzbank has posted a net income of EUR77m for the fourth quarter of 2014, a rise of 20.3% compared with EUR64m a year ago.

ICICI Bank launches digital banking service ‘Pockets’

Indian private sector lender ICICI Bank has launched a digital banking service, called Pockets, which according to the bank will enable users to instantly transfer money to any e-mail id, mobile number, friends on Facebook and bank account.

Using Your Mobile Phones at Petrol Stations is Not Allowed

Ah, unless you are paying for your fuel! David Parker writes

Republicans seek to limit US government’s role in rescuing collapsing banks

Republican lawmakers in the House of Representatives and Senate have reportedly begun negotiating about repealing a section of the 2010 Dodd-Frank Ac to limit the US government’s role in supporting collapsing financial institutions.