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Bank of America Q2 net income surges 33% to $6.8bn
Bank of America has reported net income of $6.8bn, an increase of 33%, for the second quarter of 2018, compared to $5.1bn for the same period last year.
Banking Services > Retail Banking > News
Temenos extends contract with Northern Trust to support strategic growth in transfer agency business
Temenos, the banking software company, has signed a multi-year deal with global financial services company Northern Trust.
Banking Services > Retail Banking > News
Montanaro Asset Management implements Charles River IBOR solution
UK-based asset manager Montanaro Asset Management, has implemented Charles River’s Investment Book of Record (IBOR), which provides portfolio managers and traders with up to date position and cash information and removes manual reconciliation.
Banking Services > Retail Banking > News
Sberbank, Tinkoff Bank offer money transfers using phone numbers
Sberbank and Tinkoff Bank have launched a joint transfer service that uses mobile phone numbers. 
Banking Services > Retail Banking > News
FNZ to buy German investment platform ebase from comdirect bank
By BBR Staff Writer
British fintech company FNZ Group has agreed to acquire investment platform ebase from Germany-based comdirect bank for an undisclosed price.
Banking Services > Retail Banking > News
TokenPay acquires stake in Germany-based WEG Bank
TokenPay Swiss has acquired a stake of 9.9% in WEG Bank along with options to buy another 90%, subject to customary regulatory approval.
Banking Services > Retail Banking > News
TD Bank to buy Greystone Managed Investments for $603m
By BBR Staff Writer
Canada-based Toronto-Dominion Bank (TD) has agreed to acquire Greystone Capital Management (GCMI), parent firm of institutional asset manager Greystone Managed Investments, for C$792m ($603.20m).
Banking Services > Retail Banking > News
Citizens Financial launches direct-to-consumer digital bank
Citizens Financial Group has launched Citizens Access, a nationwide, direct-to-consumer digital bank in the US.
Banking Services > Retail Banking > News
Scotiabank completes acquisition of majority stake in BBVA Chile
By BBR Staff Writer
Scotiabank has completed its $2.2bn (C$2.9bn) acquisition of Spanish lender Banco Bilbao Vizcaya Argentaria’s stake of 68.19% in Banco Bilbao Vizcaya Argentaria, Chile (BBVA Chile).
Banking Services > Retail Banking > News
Sistema offloads controlling stake in MTS Bank to MTS
By BBR Staff Writer
Russian conglomerate Sistema has sold its 28.63% stake in MTS Bank to Mobile TeleSystems for RUB8.27bn ($130m).
Banking Services > Retail Banking > News
New directory for financial services workers proposed by FCA
By BBR Staff Writer
The UK’s proposed Financial Conduct Authority’s (FCA) has proposed a new directory for financial services workers to make it easier for people to be confident they can find the right people to deal with.
Banking Services > Retail Banking > News
Scotiabank buys Citibank's consumer and SME operations in Colombia
Scotiabank, via its Colombian subsidiary Scotiabank Colpatria, has completed the acquisition of Citibank Colombia's consumer and small and medium enterprise (SME) businesses.
Banking Services > Retail Banking > News
J.C. Flowers completes acquisition of Piraeus Bank Romania
US private equity investment firm J.C. Flowers & Co. has completed a previously announced acquisition of Piraeus Bank Romania from Greece-based Piraeus Bank following the receipt of necessary approvals from the National Bank of Romania.
Banking Services > Retail Banking > News
IRDAI approves LIC's proposal to increase stake in IDBI Bank
By BBR Staff Writer
Life Insurance Corporation of India (LIC) has secured approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its stake in the IDBI Bank from 10% to 51%.
Banking Services > Retail Banking > News
Finn by Chase goes national
Chase has announced that its all-mobile bank, Finn by Chase is now available nationwide to iOS users, offering millions of consumers a fully digital banking experience that helps them spend smarter and save better.
Banking Services > Retail Banking > News
1-15 of 4810 results