All articles by Verdict Staff
Verdict Staff
Barclays Bank to open new technology center in McKinney, Texas
London-based Barclays Bank has decided to open a new technology center in McKinney, Texas to support global bank operations.
Bank of Moscow introduces mobile application for money transfers
The Bank of Moscow has launched Transactions, its new mobile application that allows for fast and safe transactions between cards from any Russian bank.
Citigroup to hike fixed pay of its senior executives in Europe
Citigroup is reportedly in the process of enhancing fixed pay of its senior executives in order to make up for the European Unions (EU) cap on their bonuses.
MetaBank signs partnership agreement with Card Limited
Meta Payment Systems, the payment solutions division of MetaBank, has signed an agreement to partner with Card Limited, a provider of financial products and services for unbanked and under-banked consumers.
South Africa’s central bank to probe African Bank collapse
South Africa’s central bank has appointed an inquiry commission to probe the multibillion-rand collapse of African Bank Investments.
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Emirates NBD eyes expansion in Saudi Arabia
Emirates NBD is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has confirmed.
UK urges EU to block Russia from SWIFT banking network, Germany opposes it
British prime minister David Cameron has urged European Union to exclude Russia from the SWIFT banking transaction system under an expansion of sanctions over the conflict in Ukraine.
Barclays completes sale of retail banking business in UAE
British banking giant Barclays has completed the sale of its UAE retail banking business to Abu Dhabi Islamic Bank.
Bank of Queensland said to have held merger talks with Suncorp
Bank of Queensland reportedly held merger discussions with Suncorp earlier this year, which would have involved Suncorp spinning off its insurance division.
Reliance Capital ties up with Nippon Life for banking venture
Reliance Capital and Nippon Life Insurance have partnered to jointly start a banking venture in India after necessary approvals.