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Ithmaar Bank picks SunGard Ambit Risk & Performance Management solution
Bahrain-based Islamic retail bank Ithmaar Bank has chosen SunGard’s Ambit Risk & Performance Management solution to help it establish an enterprise-wide view of its risk.
Technology > Banking Technology > News
Technology > Banking Technology > News
HSBC Q1 profit jumps by 26%
HSBC Holdings has reported 26% increase in its underlying profit to $6.78bn for the first quarter of 2012, compared to a profit of $5.4bn during the same period last year.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Western Union unveils business payments wallet
The Western Union Company has introduced its new business payments wallet for clients of Western Union Business Solutions in the US and Canada.
Banking Services > Payments > News
Banking Services > Payments > News
FirstRand set to take over Kenya bank
South African FirstRand Bank is gearing up to acquire Kenyan bank, with a strategy to enhance its market penetration in Kenya.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Gresham Partners appoints new vice chairman
Gresham Partners has named Wallace Head as the vice chairman and principal of the company, whose prime responsibility to guide the business for growth and serve as a senior advisor to families and their related entities.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
First BanCorp to acquire FirstBank’s credit card portfolio
First BanCorp has inked a definitive agreement with FIA Card Services to acquire the FirstBank-branded credit card portfolio of nearly $400m.
Banking Services > Cards > News
Banking Services > Cards > News
HDFC Bank collaborates with Wells Fargo for remittances from US
HDFC Bank has struck a deal with US based Wells Fargo to offer remittance services online or through phone between the US and India.
Banking Services > Online Banking > News
Banking Services > Online Banking > News
SIX Securities Services signs MoU with Takasbank, MKK
Swiss post-trade services provider SIX Securities Services has signed a Memorandum of Understanding (MoU) with Takasbank and MKK to provide international clearing, settlement and custody services.
Intermediaries > Custody & Clearing > News
Intermediaries > Custody & Clearing > News
Isis picks Linedata Beauchamp portfolio management reporting product
Hedge fund administrator Isis Fund Services has chosen Linedata's Beauchamp portfolio management reporting product.
Technology > Banking Technology > News
Technology > Banking Technology > News
Merchant Warehouse, LevelUp team up for mobile payment services
Merchant Warehouseand LevelUp have joined hands to enhance and strengthen both organizations’ mobile payment and mCommerce capabilities.
Banking Services > Payments > News
Banking Services > Payments > News
CBA executive McEwan quits to join RBS
Australia based The Commonwealth Bank's retail banking services group executive Ross McEwan has resigned from his post to take up the role of chief executive officer, UK retail, with the Royal Bank of Scotland.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Webster Bank, Elan Financial team up for new credit card program
Elan Financial Services (Elan) and Webster Bank have set up a strategic partnership to offer an array of Webster Bank Visa credit cards to consumers.
Banking Services > Cards > News
Banking Services > Cards > News
Hong Kong Exchanges and Clearing Q1 net profit declines
Hong Kong Exchanges and Clearing has reported that its net profit fell by 7% to HK$1.15bn ($148.2m) for the first quarter of 2012 compared to a profit of HK$1.23bn ($158.4m) during the same quarter a year ago.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
BMO launches representative office in Abu Dhabi
BMO Financial Group has inaugurated its representative office in Abu Dhabi, which will enable the firm to strengthen regional relationship with the institutions in the Middle East and North Africa (MENA) region.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
BOKU collaborates with Deutsche Telekom for payment services
Austrian online mobile payments services provider BOKU has inked a direct billing agreement with Deutsche Telekom in Germany.
Banking Services > Payments > News
Banking Services > Payments > News