All articles by Verdict Staff
Verdict Staff
BlackRock poaches HSBC EM bond research head
American money manager BlackRock has hired Pablo Goldberg from HSBC to bolster its emerging market fixed income business in the US.
Barclays to exit commodities trading business to focus on banking arm
British banking major Barclays, is gearing up to sell its commodities trading business to concentrate on the profitable investment banking operations, joining other rivals in the face of increasing regulatory scrutiny and falling profits.
Popular in talks to divest some mainland US Branches
Popular, one of the largest banks in Puerto Rico, is engaged in advanced negotiations to offload some of its mainland US branches to multiple buyers.
Bangladesh Bank to launch central payment system in July
Bangladesh Bank (BB) is reportedly planning to unveil National Payment Switch (NPS), a central payment system, in July 2014 as part of its plan to make electronic transactions convenient and affordable for the customers in the country.
Citigroup contemplates divestiture of 50 retail bank branches in California
Citigroup is reportedly planning to divest 50 retail bank branches in California to reduce its physical footprint and streamline operations.
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Emirates Islamic unveils new salary transfer packages
Emirates Islamic has rolled out two new feature-loaded packages – Value Plus Salary Transfer Package and Value Salary Transfer Package – for salaried professionals.
NewBridge Bank to realign retail banking business
NewBridge Bank will reduce 5% of its total headcount during the second quarter of 2014, as part of its strategy to realign retail banking business and boost online and mobile-banking presence.
Peoples Bancorp to acquire North Akron Savings Bank
Peoples Bancorp has signed a definitve merger agreement to acquire Ohio-based North Akron Savings Bank, as part of its strategy to boost its banking footprint in the region.
Qapital to roll out new financial management app in US and Sweden
Swedish start-up Qapital is gearing up to launch its new financial management app in the US and Sweden, which has been designed to enable customers to save money for their specific goals.
ICICI to scale up electronic self-service branches
India-based private sector lender, ICICI Bank, is reportedly planning to open up to 100 fully-automated ‘Touch Banking’ branches across 33 cities in the country.