China mulls relaxing bank shareholding limits – report
Chinese regulators are examining the possibility of easing restrictions on how much stake major investors can hold in commercial banks,…
Chinese regulators are examining the possibility of easing restrictions on how much stake major investors can hold in commercial banks,…
Georgia’s TBC Bank has implemented GDS Link to enhance credit decisioning for both retail and small business lending. The move follows a competitive tender and a review of the bank’s…
UK neobank Zopa Group is weighing an acquisition to secure a foothold in the Northern European market, reported Bloomberg citing CEO Jaidev Janardana. The SoftBank Group backed lender is considering…
Warning signs of a gradual decline in key customer engagement metrics are starting to flash for retail banks, as customers increasingly open deposit accounts with multiple institutions. “Retail banks are…
National Australia Bank (NAB) is set to eliminate around 170 roles as part of a business division restructure, Reuters reported citing the Finance Sector Union (FSU). The proposal involves 447 role redundancies and the creation of 277 new positions within…
Philippines-based Producers Savings Bank Corporation is set to upgrade its core banking system, transitioning to the latest version of the Finacle Core Banking Solution from Infosys Finacle, part of EdgeVerve Systems. Besides, the bank will deploy the Finacle…
Behavox has confirmed the renewal of its multi-year agreement with Lloyds Banking Group, allowing continued use of the Behavox Mosaic front-office intelligence platform. The extension builds on a relationship that…