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Retail Banking News

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16-30 of 4812 results
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
FCA chief executive says there is no such thing as free banking
By BBR Staff Writer
The UK’s Financial Conduct Authority’s (FCA) review on retail banking sector has showed that some customers are paying significantly more for their current accounts, via unarranged overdraft charges and fees.
Banking Services > Retail Banking > News
Digital money platform Uphold to buy broker-dealer JNK Securities
Uphold, a global digital money platform, has reached an agreement to acquire New York Stock Exchange member JNK Securities.
Banking Services > Retail Banking > News
Forcht Bank to acquire Ohio-based Watch Hill Bank
Forcht Bancorp has reached an agreement to purchase Watch Hill Bank in Cincinnati, Ohio, by acquiring all the outstanding shares of MW Bancorp, the holding company for Watch Hill Bank.
Banking Services > Retail Banking > News
SIX Exchange Regulation sanctions Banque Cantonale de Genève
SIX Exchange Regulation, which monitors and enforces the exchange obligations of listed companies, sanctioned Banque Cantonale de Genève (BCGE), Geneva, for violations of the regulations on regular reporting obligations with a fine in the amount of CHF 30,000 in a sanction notice.
Banking Services > Retail Banking > News
Commonwealth Bank of Australia to demerge wealth management and mortgage broking businesses
By BBR Staff Writer
Commonwealth Bank of Australia (CBA) has decided to demerge its wealth management and mortgage broking businesses, as part of its effort to focus more on its core banking businesses in Australia and New Zealand.
Banking Services > Retail Banking > News
MYbank launches Star Plan to support 1,000 financial institutions
MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.
Banking Services > Retail Banking > News
Flagstar Bank to buy Wells Fargo’s 52 retail bank branches in US
By BBR Staff Writer
Flagstar Bank, FSB, a subsidiary of Flagstar Bancorp, has agreed to acquire Wells Fargo’s 52 retail bank branches in the US.
Banking Services > Retail Banking > News
EP Wealth Advisors purchases Donnelly Wealth Advisors
EP Wealth Advisors, an independent registered investment advisor, has acquired San Diego-based Donnelly Wealth Advisors (DWA).
Banking Services > Retail Banking > News
UK digital wealth manager Moneyfarm secures £40m funding
By BBR Staff Writer
UK-based digital wealth management firm Moneyfarm has secured £40m funding in a series B financing round led by Allianz Asset Management.
Banking Services > Retail Banking > News
Vontobel to buy Notenstein La Roche Private Bank for $705m
By BBR Staff Writer
Switzerland-based investment bank Vontobel has agreed to acquire Notenstein La Roche Private Bank from Raiffeisen Switzerland for about CHF700m ($705m).
Banking Services > Retail Banking > News
Emirates NBD to buy Turkey’s Denizbank for $3.2bn
By BBR Staff Writer
Dubai-based Emirates NBD Bank has agreed to purchase Sberbank of Russia’s 99.85% stake in Turkey-based Denizbank for around TRY14.6bn ($3.2bn).
Banking Services > Retail Banking > News
smartTrade introduces cryptocurrency trading on FX platform
Multi-asset electronic trading solutions provider smartTrade Technologies has launched cryptocurrency trading on its FX Trading Platform.
Banking Services > Retail Banking > News
Macquarie to combine private bank and private wealth businesses
By BBR Staff Writer
Macquarie Group’s Banking and Financial Services group (BFS) has unveiled plans to combine its private bank and private wealth businesses and concentrate on high net-worth clients.
Banking Services > Retail Banking > News
16-30 of 4812 results