All articles by Verdict Staff
Verdict Staff
ING retail banking arm registers 5% rise in Q4 total underlying income
ING Group’s retail banking arm has posted total underlying income of 2.69bn for the fourth quarter of 2014, a rise of nearly 5% from 2.56bn in the year ago quarter.
Indian banks overseas branches record 36.5% growth in 2013-14: RBI
The overseas branches of Indian banks recorded growth of 36.5% in 2013-14, according to data from the Reserve Bank of India (RBI).
Banco Santander (Suisse) selects NetGuardians for risk mitigation solution
Banco Santander (Suisse) has deployed NetGuardians NG|Screener software solution to proactively comply with regulatory requirements.
Bank Mutual to close seven retail bank branches
Bank Mutual is planning to shut down seven retail branch offices in a cost cutting drive.
Raiffeisen Bank to sell Polish and Slovenian operations
Raiffeisen Bank International is set to sell its Polish and Slovenian operations, sell its direct banking unit Zuno, and reduce its exposure to Russia and Ukraine in a bid to increase capital buffers.
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DBS Group registers 4% rise in Q4 profit
DBS Group has posted net profit of SGD838m for the fourth quarter of 2014, an increase of 4% from a year ago.
Legal & General to acquire New Life Home Finance
Legal & General Group is planning to acquire 100% of lifetime mortgage products provider New Life Home Finance (Newlife) for a £5m consideration.
Barclays pioneers anywhere, anytime community banking service in UK
Barclays has launched a new community banking service, wherein UK customers will get access to branch services anywhere and at any time.
StanCharts retail banking unit to shift focus to wealthy clients
Standard Chartereds retail banking segment is set to shift focus from ordinary clients to affluent clients and will request them to bank online.
Indian government to pump INR69.9bn in nine public sector banks
The government of India is set to inject INR69.9bn (1.12bn) in nine public sector banks, in a bid to improve their capital base and comply by global risk standards.