All articles by Billy Bambrough
Billy Bambrough
US Bank reports record profit up 16% Y-on-Y
US Bank has posted a full year profit of $5.6bn, up 16% year-on-year.
Acleda upgrades to Temenos T24
Acleda Bank, the largest Cambodian Bank by assets, has signed up to Temenos’ T24 R12 core banking system.
Retail loans at Sberbank soar
Sberbank, Russia’s largest bank by assets, has announced a net profit of RUB344bn ($11.3bn), up 11% year-on-year for the 12 months to end December 2012.
Green dot launches mobile based bank account
Green Dot, the prepaid card giant, has launched a bank account designed for use on mobile phones.
Al Rajhi Bank launches new internet banking platform
Al Rajhi Bank, the largest bank in Saudi Arabia by branches, has launched a new online banking service.
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Fiserv snaps up Open Solutions
Fiserv, the Wisconsin-headquartered end-to-end business and technology solution provider, has acquired Connecticut tech provider Open Solutions for $55m.
Wells Fargo net profit up 19% Y-on-Y to a record $18.9bn
Wells Fargo has posted a full year net profit of $18.9bn, up 19% year-on-year, on the back of a strong rise in the banks fees and commissions.
Nationwide to launch Web ISA
Nationwide, the UK’s largest building society by assets, is to launch an online only ISA.
AmEx to slash 5,400 jobs in 2013
American Express (AmEx) is to cut its global work force by 5,400 jobs throughout 2013.
US credit back in 2013 – FICO
Americans could begin to embrace credit again in 2013 according to a report by FICO.