All articles by Verdict Staff
Verdict Staff
Digital lifestyle widens gap between consumer demands and bank delivery: Cisco survey
In the face of a digital wave increasingly affecting consumers lifestyles, the hiatus between consumers demand and their banks delivery is widening, finds a survey by Cisco.
Citigroup to offer Sumitomo Mitsui first rights to buy its Japan retail unit
Citigroup is planning to offer Sumitomo Mitsui Financial Group the right of first refusal in the deal to purchase its Japanese consumer-banking unit.
ABN Amro to axe up to 1,000 jobs in retail banking unit
Nationalized Dutch lender ABN Amro is planning to shed up to 1,000 jobs in its retail banking arm by 2018, as it braces up for re-entering private ownership.
Lloyds to cease offering protection advice service; 1,250 staff to lose jobs
Lloyds Banking Group is set to shut down its standalone protection advice service, putting 1,250 branch staff roles at risk.
Ziraat Bank selects Monitise for m-banking service
Turkeys Ziraat Bank has selected Monitise as design partner for its new mobile banking service.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
HSBC Turkey confirms credit card data breach
The Turkish unit of HSBC has said that cyber criminals have stolen the credit card information of its 2.7 million customers in the country.
BB&T buys Susquehanna Bancshares for $2.5bn
American lender BB&T has acquired Susquehanna Bancshares in a cash and stock transaction worth nearly $2.5bn to expand its footprint in the Mid-Atlantic region.
Santander seeks consumer finance license in France
Spanish banking giant Santander has reportedly applied for a consumer finance license in France to tap demand for higher-yielding consumer loans.
CIMB Islamic Bank, INCEIF collaborate to set up Islamic banking research centre
CIMB Islamic Bank has signed a memorandum of understanding (MoU) with International Centre for Education in Islamic Finance (INCEIF) to establish a research centre for Islamic banking studies.
Standard Chartered to close nearly 100 branches globally under cost-cutting plan
Standard Chartered is planning to shut down up to 100 branches in the next year in Asia, Africa and the Middle East, in a bid to reduce costs and boost profits.