All articles by BV Swagath
BV Swagath
Societe Generale to sell Slovenian banking subsidiary to OTP Bank
The subsidiaries of SKB Banka to be acquired by OTP Bank are SKB Leasing and SKB Leasing Select. SKB Banka …
WBI to liquidate two funds: WBIR and WBIH
WBI’s commitment to responding to investors’ needs includes a regular review of its product lineup, which has led to a…
HSBC Q1 profit surges 31% to $4.91bn
In the fourth quarter 2018, HSBC reported profit after tax of $2.09bn. Its reported revenue for the first quarter increased…
American Express unveils the refreshed Blue Cash Preferred Card
Beginning May 9, 2019, new and existing Blue Cash Preferred Card Members will receive 6% cash back on select U.S.…
First Hawaiian Bank moves to new digitally rich core banking solution from FIS
The oldest and largest full-service bank in Hawaii with more than $20 billion in assets, First Hawaiian Bank is in…
Abu Dhabi banks ADCB, UNB and Al Hilal complete three-way merger
The enlarged ADCB Group will provide services to more than a million customers. It will hold AED423bn ($115.16bn) in assets…
UK CMA provisionally clears PayPal’s $2.2bn acquisition of iZettle
In May 2018, PayPal announced the acquisition of iZettle, and in September 2018, wrapped up the transaction. The two companies…
Technisys raises $50m to continue empowering banks with disruptive tech
This funding will let the company further grow its investments in technology, expand the product portfolio and achieve global reach…
Mastercard and Visa get EC nod to cut inter-regional interchange fees in EEA
Mastercard and Visa committed to reduce on average nearly 40% in their multilateral interchange fees (MIFs) for payments in EEA…
3C Payment announces partnership with UnionPay
UnionPay has seen its transaction volumes in Europe increase significantly over the last twelve months, the result of a long…