NatWest subsidiary Ulster Bank to slash 800 more jobs as part of Irish exit

By NS Banking Staff Writer

25 May 23

More than 250 of the impacted employees falling under Ulster Bank’s new redundancy programme are based in Northern…

Banking ServicesCommercial Banking

Tencent Cloud International Powers Up Canadia Bank to Roll Out its All-New Mobile Banking App via Tencent Mobile Framework

By NS Banking Staff Writer

27 Mar 23

The all-new Canadia Bank App provides customers with fast, easy digital banking services supported by Tencent Mobile Framework

Banking ServicesCommercial Banking

Vemanti, Finastra to establish new neobank for SMEs in Southeast Asia

By NS Banking Staff Writer

24 Mar 23

The new neobank, dubbed Vemanti, will initially focus on Vietnam, and use Finastra’s core banking solution, Fusion Essence,…

Banking ServicesCommercial Banking

HSBC snaps up Silicon Valley Bank’s UK subsidiary for £1

By NS Banking Staff Writer

14 Mar 23

Silicon Valley Bank UK, a subsidiary of the recently collapsed US-based Silicon Valley Bank, which entered the British…

Banking ServicesCommercial Banking

US regulator shuts down Silicon Valley Bank after swift collapse

By NS Banking Staff Writer

13 Mar 23

The collapse of SVB, the largest bank failure since the 2008 financial crisis, and the second-largest in US…

Banking ServicesCommercial Banking

BMO, BNP Paribas enter into cross-border commercial banking partnership

By NS Banking Staff Writer

22 Feb 23

BMO and BNP will improve the cross-border coverage and access to the global network for commercial banking clients…

Banking ServicesCommercial Banking

Renasant acquires commercial finance company Republic Business Credit

By NS Banking Staff Writer

04 Jan 23

RBC is a commercial finance company that offers factoring and asset-based lending solutions (ABL) to commercial borrowers across…

Banking ServicesCommercial Banking

LHV UK starts issuing SME loans in the UK

By NS Banking Staff Writer

21 Dec 22

LHV Group is the largest domestic financial group and capital provider in Estonia, with subsidiaries LHV Pank, LHV…

Banking ServicesCommercial Banking

FCA imposes £108m penalty on Santander UK for repeated AML failures

By NS Banking Staff Writer

12 Dec 22

The FCA civil regulatory findings found that Santander UK failed to monitor its AML systems, which significantly impacted…

Banking ServicesCommercial Banking

NBT Bancorp to acquire Salisbury Bancorp in $204m deal

By NS Banking Staff Writer

06 Dec 22

Salisbury is a premier community bank franchise with $1.51bn assets, $1.33bn deposits, and $1.18bn net loans, as of…

Banking ServicesCommercial Banking