All articles by Verdict Staff
Verdict Staff
UAE bank customers to have access to credit reports soon
Bank customers in the UAE will have access to their credit reports by the end of this year, according to head of Al Etihad Credit Bureau.
HSBC appoints new group COO
HSBC Holdings has named Andy Maguire as its group chief operating officer and group general manager.
SBI willing to continue retail banking operations in UK despite crackdown
State Bank of India (SBI) has said that it will carry on retail banking operations in the UK even though Bank of England has imposed a crackdown on foreign-owned banks operations in the country.
Swedbank to cut 600 to 800 jobs over next two years
Swedish lender Swedbank has said it would slash between 600 to 800 jobs over the coming two years to lower total expenses.
Bank of England tells bankers to brace for a pay cut
Bank of Englands deputy governor Jon Cunliffe has warned that bankers are being paid too much and should expect a pay cut at a time when shareholders are losing out because of falling profits.
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Gulf Bank nine-month net profit up 10%
Gulf Bank has reported a net profit of KWD26.5m for the first nine months of 2014, up 10% against KWD 24.1m for the same period last year.
Hyosung introduces new exterior video banking solution
US-based ATM supplier Hyosung has come up with its new video banking drive-through solution.
Polands Alior Bank purchases 98% stake in Meritum Bank
Poland-based Alior Bank has agreed to buy a 98% stake in Meritum Bank from private equity funds Innova Financial Holdings and WCP Cooperatief, and the European Bank of Reconstruction and Development (EBRD) for $107m (PLN 353m).
Meezan Bank completes acquisition of HSBC Pakistan
Pakistan-based Islamic bank Meezan Bank has completed the acquisition of HSBC Pakistan.
YES Bank to foray into credit card business: report
India’s private bank YES Bank is planning to enter into credit card business in a move to strengthen its retail credit portfolio.