Citi to divest retail banking operations in Taiwan to DBS
US banking group Citi has brokered a deal with DBS to divest its retail banking operations in Taiwan. As per the deal,…
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DBS, Standard Chartered in race to buy Citigroup’s Asian operations
DBS Group and Standard Chartered are reportedly among the banks looking to acquire the retail banking assets of Citigroup in…
Taiwan’s internet-only Line Bank to begin trial operations
Line Bank, an internet-only bank in Taiwan, is set to begin trial operations later this week. According to a CNA…
Line Bank receives licence to launch digital bank in Taiwan
Taiwan’s Financial Supervisory Commission (FSC) has granted an operational licence to Line Bank to launch an internet-only bank in the…
ByRakuten and IBF Financial establish banking JV in Taiwan
Japan-based e-commerce company Rakuten, through its wholly-owned subsidiaries Rakuten Bank and Rakuten Card, has set up a joint venture (JV)…
Far Eastern International Bank taps Unisys for digital banking
Taiwan-based Far Eastern International Bank (FEIB) has teamed up with technology firm Unisys to upgrade the IT environment for its…
Taiwan issues three virtual banking licences
Taiwan has issued three virtual banking licences, a first such move by the Asian island nation to lure new players…
Taiwan’s KGI Bank deploys TCS core banking platform
Taiwan’s KGI Bank has implemented TCS BaNCS, a core banking solution, across its corporate and consumer banking operations. The TCS-developed…