All articles by Verdict Staff
Verdict Staff
No plans to establish Indian retail banking subsidiary: Citi
Citi has no plans to establish a retail banking subsidiary in India, Citi India chief executive Pramit Jhaveri has said.
China’s ICBC looking for banking acquisitions in Middle East: Reports
Industrial & Commercial Bank of China (ICBC) is, reportedly, looking for some retail banking acquisitions, as part of a strategy to expand its footprint in the Middle East region.
Greenville Federal selects Fiserv DNA account processing platform
Greenville Federal, an Ohio-based $150m asset bank, has selected DNA account processing platform and a range of solutions from Fiserv to improve efficiency, drive growth and serve its nearly 12,000 customers.
Reserve Bank of India to expand mobile banking business
The Reserve Bank of India is planning to expand mobile banking business in the country, following the recent findings that revealed slow uptake of mobile banking applications by the Indians.
Bank of America to axe 450 mortgage jobs: Report
Bank of America (BofA) is, reportedly, laying off 450 mortgage jobs from the West Coast offices in the US, as the new loans did not meet the expected target.
KBC Bank to recruit 200 new workforce: Report
Belgium-based KBC Bank is, reportedly, set to expand its workforce by adding 200 new staff, as part of plans to move out of business banking and focus on growing retail banking business.
Retail banking to surpass corporate banking in GCC countries: AT Kearney
Retail banking is growing at a faster rate and is expected to overtake corporate banking in the Gulf Cooperation Council (GCC) countries except in the UAE and Qatar, according to a report by AT Kearney.
HotwirePE introduces first Bitcoin bank in Australia
Hotwire Pre-emptive (PE) Intelligence Group, an Australia-based web technology company, has introduced Denariuz Bank as the first bank in the world that will use Bitcoin as the main currency.
China Construction Bank deploys NCR Dynamic eLock Management solution
China Construction Banks (CCB) Beijing branch has deployed a new electronic key management solution, NCR Dynamic eLock Management, at its automated teller machines (ATMs).
Sainsburys Bank plans to enter mortgage business, create more jobs: Report
Sainsbury’s Bank, a British bank wholly owned by Sainsburys, is reportedly planning to enter into mortgage business and create new jobs in technology, risk, treasury, compliance and audit departments.