All articles by Verdict Staff
Verdict Staff
FCM Bank to introduce internet banking service
Malta-based FCM Bank is planning to launch internet banking services to enhance the banking experience for its customers.
HSBC requests UK government to extend deadline for Ring-Fencing rule
HSBC has requested the British government to extend the deadline for the Ring-Fencing rule, under which a bank will have to clearly divide and fence its retail and investment banking operations.
Bank of Africa in Burkina Faso deploys SkyVision VPN service to connect branches
Bank of Africa (BoA) in Burkina Faso has successfully deployed a modern communications project from SkyVision Global Networks to coonect its headquarters in Ouagadougou to branch offices across the country.
German regulator intensifies Libor probe at Deutsche Bank
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the Federal Financial Supervisory Authority of Germany, accelerated its probe into the alleged role of Deutsche Bank to fix the London interbank offered rate (Libor).
European Commission approves Banco Espirito’s bailout plan
The European Commission (EC) approved the multibillion-euro state resolution plan of the cash strapped Portuguese lender Banco Espirito Santo (BES).
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Lloyds Bank rolls out 2014 current account for students
Lloyds Bank unveils the new 2014 Student Current Account that offers numerous money saving benefits, including a free NUS extra card for three years to help students save an average of £525 annually.
Japan’s FSA asks regional banks to explore consolidation options
Financial Services Agency (FSA), the new financial regulator of Japan, is asking regional and small lenders to explore merger and integration options, to boost profits and capital positions.
Huntington Bank to eliminate about 200 jobs
Columbus-based Huntington Bank is reportedly planning to axe approximately 200 jobs with an aim to save $30m to $35m per annum.
Hypo Alpe-Adria-Bank in Croatia deploys HID Global mobile banking technology
Hypo Alpe-Adria-Bank in Croatia has implemented HID Global’s ActivID Authentication Appliance and ActivID Soft Token identity assurance solutions, to offer their customers secure mobile and internet banking services.
Denmark’s regulator warns Danske Bank for undervaluing risky retail loans
Denmark’s Financial Supervisory Authority (FSA) has warned Danske Bank for underestimating the risk of losses in a part of its retail lending business.