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Banking industry news
475 posts
HSBC to offload French retail banking business to My Money Group
HSBC Continental Europe (formerly HSBC France) will divest its French retail banking business to Cerberus Capital Management-controlled My…
June 19, 2021
Centrum Financial, BharatPe get RBI approval to set up small finance bank
Centrum Financial Services Limited has secured an approval in-principle from the Reserve Bank of India (RBI) to establish…
June 18, 2021
Infosys Finacle launches digital banking SaaS offering for Indian UCBs
Infosys Finacle has launched a digital banking SaaS offering to help Indian urban cooperative banks (UCBs) in modernizing…
June 18, 2021
ICICI Bank launches SWIFT gpi Instant for cross-border inward remittances
ICICI Bank has partnered with SWIFT to provide a facility called SWIFT gpi Instant for enabling overseas partner…
June 15, 2021
Liberty Bank and Trust to acquire Tri-State Bank of Memphis for $965m
Liberty Bank and Trust Company has agreed to acquire Tri-State Bank of Memphis in an all-cash deal worth…
June 5, 2021
Wipro, Finastra to help corporate banks expedite digital transformation
Wipro has entered into a partnership with UK-based fintech company Finastra to help corporate banks in the Asia-Pacific…
June 3, 2021
Intellect Design Arena to help Canadian Western Bank boost payment service technology
Intellect Design Arena said that its transaction banking unit – Intellect Global Transaction Banking (iGTB) has been selected…
May 31, 2021
Dollar Mutual Bancorp completes $156m acquisition of Standard AVB Financial
Dollar Mutual Bancorp has wrapped up its previously announced $156 million worth acquisition of rival Pennsylvania-based bank holding…
May 30, 2021
HDFC Bank fined Rs 10cr by RBI for irregularities in auto loan portfolio
HDFC Bank has been fined INR 10 crore by the Reserve Bank of India (RBI) for deficiencies in…
May 29, 2021
UCO Bank reports net profit of Rs 80 crore for March 2021 quarter
UCO Bank has reported a net profit of INR 80.02 crore for the quarter ended March 2021 compared…
May 28, 2021