All articles by Verdict Staff
Verdict Staff
BBVA agrees to purchase Spanish troubled lender Catalunya Banc for 1.2bn
Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) has reached an agreement to purchase troubled lender Catalunya Banc in a transaction valued at approximately 1.2bn.
HSBC Bank Malta rolls out free mobile banking app
HSBC Bank Malta has rolled out its latest free mobile banking app to offer a secure and convenient payment channel to its customers.
Philippines passes new law to allow global lenders to fully acquire local banks
Filipino president Benigno Aquino has approved a new banking bill that will allow global banks to acquire complete ownership of local lenders, with an aim to strengthen capital and financial markets in the country.
Standard Chartered launches mobile wallet service in Nigeria
Standard Chartered has rolled out its mobile wallet service platform ‘Straight2Bank Wallet’ in collaboration with ETranzact, to expand its African coverage.
Brazil’s CADE permits BTG Pactual’s purchase of Banco Mercantil
Brazil’s antitrust agency CADE has granted permission to Grupo BTG Pactual to acquire a 98% stake in failed lender Banco Mercantil e Industrial do Paraná.
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Technical glitch hits Nationwide Building Society’s online banking services
Nationwide Building Society’s customers reportedly could not use online and mobile banking services yesterday, following a technical glitch that occurred after a scheduled overnight maintenance overran.
Espirito Santo’s Panama unit taken over by Panama authorities
Panamanian banking regulators have taken control of ES Bank, a small unit of Portugal’s Espirito Santo, which is under investigation over disclosure of irregularities at related companies.
TSB contemplates acquisition of UKAR’s mortgage portfolio
Newly-crafted TSB is reportedly considering acquiring £1.5bn worth of mortgage portfolio from UK Asset Resolution (UKAR) as part of its strategy to swiftly grow its loan book.
ICICI Bank unveils ‘ICICI Bank Global Banking-Hello Canada’
India-based private sector lender ICICI Bank has rolled out ‘ICICI Bank Global Banking-Hello Canada,’ a convenient banking service for Indians having migrated or are migrating to Canada.
First Bank implements IBT’s i2Core to modernize operating system
US-based First Bank in Wadley has deployed IBT’s core platform ‘i2Core’, as part of its strategy to overhaul its systems and boost operational efficiency.