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Banking Business Review

DBS planning to expand retail banking in India Singapore-based DBS Bank is considering the expansion of its retail banking in India through remittance business between the two countries. Banking Services > Retail Banking > News
MasterCard, Samsung join hands to deliver Samsung Pay in Europe MasterCard and Samsung Electronics are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe.
Banking Services > Payments > News Exchange Bank announces Ann Hudson as new executive Exchange Bank has named Ann Hudson to head its Retail Banking Group. Hudson was promoted to senior vice president and is the newest addition to the executive team.
Banking Services > Commercial Banking > News Glacier Bancorp to acquire Canon Bank in Canon City, Colorado Glacier Bancorp has signed a definitive agreement to acquire Cañon National Bank, a community bank based in Cañon City, Colorado.
Banking Services > Commercial Banking > News
BNP Paribas to acquire India-based retail brokerage firm Sharekhan By BBR Staff Writer
French bank BNP Paribas will be acquiring 100% of India-based retail brokerage firm Sharekhan for an undisclosed amount to strengthen its presence in the country.
Banking Services > Retail Banking > News DBS planning to expand retail banking in India By BBR Staff Writer
Singapore-based DBS Bank is considering the expansion of its retail banking in India through remittance business between the two countries.
Banking Services > Retail Banking > News ESSA Bancorp announces merger with Eagle National Bancorp ESSA Bancorp and Eagle National Bancorp have executed a definitive agreement whereby ESSA Bancorp will acquire ENB and its wholly-owned subsidiary, Eagle National Bank.
Banking Services > Commercial Banking > News

Latest News and Insight by Sector

Banking Services

MasterCard, Samsung join hands to deliver Samsung Pay in Europe
MasterCard and Samsung Electronics are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe.
Banking Services > Payments > News
Exchange Bank announces Ann Hudson as new executive
Exchange Bank has named Ann Hudson to head its Retail Banking Group. Hudson was promoted to senior vice president and is the newest addition to the executive team.
Banking Services > Commercial Banking > News

Wealth & Assets Management

Many Greek banks at risk of closures or mergers amidst bailout talks
By BBR Staff Writer
European officials have stated that most of Greece’s large banks face risks of shut down or merger with rivals in a bid to restructure the faltering sector in midst of the country’s financial crisis.
Banking Services > Commercial Banking > News
Santander partners with Monitise to launch fintech JV
Spanish banking giant Banco Santander and British mobile money vendor Monitise have formed a joint venture that will look to invest in the disruptive financial technology businesses.
Wealth & Assets Management > Asset Management > News

Intermediaries

Six global banks probed for forex rigging in South Korea
By BBR Staff Writer
South Korea’s Fair Trade Commission (FTC) is investigating the alleged involvement of six global banks in foreign-exchange market rigging.
Intermediaries > ECN & Exchanges > News
Five global banks might face penalties of $5bn over forex rigging
By BBR Staff Writer
A settlement between US and British authorities over rigging of currency markets could lead to five of the world’s biggest banks being slapped with penalties totaling $5bn.
Intermediaries > ECN & Exchanges > News

Technology

National Bank selects FIS to replace core banking solution
National Bank has selected FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions, as its core banking provider.
Technology > Banking Technology > News
ING Netherlands launches voice-activated payments feature on banking app
By BBR Staff Writer
ING Netherlands has launched a feature on its mobile banking app that will allow customers to log in and make payments using their voice.
Technology > Banking Technology > News

Policies & Regulatory Compliance

Bank of England likely to introduce stricter stress tests for UK financial sector
By BBR Staff Writer
The Bank of England (BoE) might implement stress tests of different severity to test the effectiveness of financial systems during changing financial situations.
Banking Services > Commercial Banking > News
New Federal Reserve rules require key US banks to hold additional capital
By BBR Staff Writer
The Federal Reserve System has approved a new rule which requires eight key banks in the US to hold additional capital buffers in a bid to avoid a major financial collapse.
Risk Management > News

Risk Management

New Federal Reserve rules require key US banks to hold additional capital
By BBR Staff Writer
The Federal Reserve System has approved a new rule which requires eight key banks in the US to hold additional capital buffers in a bid to avoid a major financial collapse.
Risk Management > News
EU finance ministers approve draft regulation to strengthen big banks
By BBR Staff Writer
Finance ministers of the European Union (EU) have approved a draft law to control trading risks for banks in case of a financial crisis similar to the one in 2008.
Banking Services > Commercial Banking > News