http://retailbanking.banking-business-review.com/ Today's News en-us Tue, 16 Mar 2010 02:56:04 +0530 Tue, 16 Mar 2010 02:56:04 +0530 Copyright 2010, Business Review http://retailbanking.banking-business-review.com/news/abu_dhabi_islamic_bank_opens_new_branch_in_alain_100314/ Abu Dhabi Islamic Bank (ADIB) has opened a new branch at Al-Bawadi Mall in Al-Ain region, as part of its expansion strategy to strengthen its on-ground presence and services in UAE. Sun, 14 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/abu_dhabi_islamic_bank_opens_new_branch_in_alain_100314/ http://retailbanking.banking-business-review.com/news/mashreq_introduces_islamic_banking_division_mashreq_al_islami_100313/ Mashreq Group, a UAE-based financial services firm, has introduced a new Islamic banking division Mashreq Al Islami, for customers throughout all of its 58 branches in the UAE. Sat, 13 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/mashreq_introduces_islamic_banking_division_mashreq_al_islami_100313/ http://retailbanking.banking-business-review.com/news/bank_of_america_moves_ahead_with_home_affordable_modification_program_100312/ Bank of America has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), as per the bank's latest monthly progress report to the Department of Treasury. Fri, 12 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/bank_of_america_moves_ahead_with_home_affordable_modification_program_100312/ http://retailbanking.banking-business-review.com/news/tcu_wealth_management_selects_qtrade_as_new_partner_100312/ TCU Wealth Management, a subsidiary of Canada-based TCU Financial Group, has selected Qtrade Financial Group as its new partner for wealth management services including investment dealer, mutual fund dealer and online brokerage services. Fri, 12 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/tcu_wealth_management_selects_qtrade_as_new_partner_100312/ http://retailbanking.banking-business-review.com/news/efg_international_opens_new_office_in_florida_100311/ EFG International, a Switzerland-based private banking group, has opened a new office in Key Biscayne, Florida, through its principal wealth management business in the US EFG Capital. Thu, 11 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/efg_international_opens_new_office_in_florida_100311/ http://retailbanking.banking-business-review.com/news/thanachart_bank_to_acquire_stake_in_siam_city_bank_100311/ Thanachart Bank has reached an agreement to acquire almost 48% of Thailand-based Siam City Bank. The stake in Siam City Bank is currently owned by Thailand's Central Bank through the Financial Institutions Development Fund (FIDF). Canada-based Scotiabank owns 49% of Thanachart Bank. Thu, 11 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/thanachart_bank_to_acquire_stake_in_siam_city_bank_100311/ http://retailbanking.banking-business-review.com/news/albina_community_bank_enters_into_consent_agreement_with_fdic_100311/ Albina Community Bank, a subsidiary of Oregon-based Albina Community Bancorp, has entered into a consent agreement with the Federal Deposit Insurance Corporation (FDIC) and the Oregon Division of Finance and Corporate Securities (DFCS), effective March 2, 2010. Thu, 11 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/albina_community_bank_enters_into_consent_agreement_with_fdic_100311/ http://retailbanking.banking-business-review.com/news/abn_amro_fortis_to_merge_retail_operations_by_end_of_2010_100310/ ABN Amro, the Dutch state-owned bank, plans to complete the merger of its retail operations with its national counterpart Fortis Bank Netherlands before the end of this year and create a banking major with 5.5 million customers and around 500 branches. Wed, 10 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/abn_amro_fortis_to_merge_retail_operations_by_end_of_2010_100310/ http://retailbanking.banking-business-review.com/news/bank_of_america_to_authorize_only_single_debit_card_transactions_100310/ Bank of America plans to authorize only single debit card transactions at the point of sale from beginning of this summer, to provide more control, choice and clarity for its customers. Wed, 10 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/bank_of_america_to_authorize_only_single_debit_card_transactions_100310/ http://retailbanking.banking-business-review.com/news/cibc_plans_to_open_20_new_bank_branches_across_canada_100310/ Canadian Imperial Bank of Commerce (CIBC) plans to open 20 full-service banking centers to enhance its banking services across Canada. Wed, 10 Mar 2010 12:00:00 +0530 http://retailbanking.banking-business-review.com/news/cibc_plans_to_open_20_new_bank_branches_across_canada_100310/