All articles by Vidyasagar M
Vidyasagar M
HSBC considers to exit from retail banking operations in US
International investment bank HSBC is reportedly considering a complete exit from its retail banking operations in the US. According to…
Lloyds launches new cashback initiative with local retailers
The pandemic has seen a rapid increase in card and online payments, but cash still plays an important role for…
KBC completes acquisition of 99.44% stake in OTP Banka Slovensko
Belgium-based multi-channel bank-insurer KBC completed the previously announced acquisition of 99.44% stake in OTP Banka Slovensko. KBC signed the acquisition…
Danske Bank lays off 257 employees under announced cost reduction plan
Danske Bank has today laid off 257 employees across the organisation as part of its 2023 plan to reduce costs…
India government approves LVB’s merger with DBS
The Government of India has approved the Reserve Bank of India (RBI)’s scheme for the merger of the Chennai, India-based…
Loomis US signs new five year partnership for SafePoint with EG-US
Loomis US and Westborough, MA-based EG-US have entered into a five-year services agreement for SafePoint cash automation solutions, which will…
Credit Suisse to take $450m charge on York’s European hedge funds closure
Credit Suisse has announced taking around $450m impairment after York Capital Management (York) made a decision to wind down its…
InComm Payments acquires Brazilian gift card processor Todo Cartões
InComm Payments, a leading global payments technology company, today announced that it has acquired Todo Cartões, one of Brazil’s main…
Crédit Agricole Italia to acquire Credito Valtellinese for $875m
Crédit Agricole Italia, a majority-owned subsidiary of Crédit Agricole, has placed a voluntary public tender offer to buy all ordinary…
FCA fines TFS-ICAP £3.44 million for market misconduct
The Financial Conduct Authority (FCA) has fined TFS-ICAP Ltd, an FX options broker, £3.44m for communicating misleading information to clients.…