All articles by Verdict Staff

Verdict Staff

Telenor launches retail banking operations in Serbia

Norwegian telecom firm Telenor Group’s first wholly-owned financial institution Telenor banka has launched its operations in Serbia to offer customers an array of mobile banking services.

Japan’s J Trust to acquire Indonesia’s Bank Mutiara

Japan-based financial services company, J Trust Group, is all set to acquire PT Bank Mutiara in Indonesia, as part of its objective to exploit the growing demand for retail finance in the country.

Rabobank receives license to commence operation s in Turkey

The Turkish banking regulatory authority has granted Netherlands’ Rabobank a license to operate in the country.

Lloyds and RBS confirm plans to re-domicile to London

Lloyds Banking Group and RBS have both confirmed that they will relocate their registered offices to London if Scots vote for independence.

RBS Citizens’s technology and services banking group to go national

RBS Citizens, the commercial banking arm of Citizens Financial Group, has said that it will launch its technology and services banking group nationally. The service was established five years ago with initial focus on the Greater Boston area.

Barclays names Aviva’s John McFarlane as new chairman

British banking giant Barclays has named Scottish-born banker John McFarlane as its next chairman.

Russian central bank revokes Trust Republic Bank’s licence

The Bank of Russia (CBR) has cancelled the licence of the credit institution Trust Republic Bank for violating the federal laws.

Santander names Ana Patricia Botin as new chairman

Spanish banking giant Santander has named Ana Patricia Botin as its new chairman, replacing her father Emilio Botin who died of a heart attack after nearly 30 years at its helm.

Over 1m Britons move bank in under a year since switching guarantee

More than 1.1m Britons have moved their bank account to a different bank since the introduction of the UK’s switching service in September 2013. The Current Account Switch Service guarantees an account switch in seven working days.

CaixaBank launches new business unit to boost agricultural lending

Spanish lender CaixaBank has launched a new business called AgroBank in a bid to strengthen its presence in the agricultural sector.