HSBC considers to exit from retail banking operations in US
The senior management of the HSBC bank are reportedly preparing to present the plan to the company board…
Perella Weinberg reportedly in merger talks with Cohen-backed SPAC
30 Nov 20The potential transaction would give an equity valuation of nearly $760m to the advisory business of Perella Weinberg,…
PostBank & UnionPay International unveil new payment card to boost digital transactions in Uganda
30 Nov 20With the UnionPay PostCard, PostBank customers can now transact at over 3,000 merchant points in Uganda and over 52 million…
Lloyds launches new cashback initiative with local retailers
30 Nov 20New programme with Visa will maintain access for those that still rely on cash
KBC completes acquisition of 99.44% stake in OTP Banka Slovensko
27 Nov 20KBC signed the acquisition agreement with OTP Bank, the parent organisation of OTP Banka Slovensko in February 2020
Banco Sabadell ends merger talks with larger Spanish rival BBVA
27 Nov 20The parties failed to reach an agreement on the exchange ratio of their shares
Emirates NBD launches next-generation global corporate banking platform
27 Nov 20The new omnichannel platform will deliver a full suite of cash management, trade finance and liquidity management solutions…
Danske Bank lays off 257 employees under announced cost reduction plan
27 Nov 20In addition to the layoffs, 261 employees, Danske Bank has applied for and been granted a voluntary redundancy…
Santander launches PagoFX money transfer service in Belgium
27 Nov 20Launching in the heart of Europe has always been a key priority for PagoFX
Square’s Cash App to acquire Credit Karma Tax for $50m
26 Nov 20Sale of the digital tax filing business paves the way for the closing of the $7.1bn acquisition of…
