Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even though it had a high yield, according to a report by Reuters. Get the Full Story Complete the form to...
In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo. The Bureau is now trying to determine if...
Singapore’s Hong Leong Finance is going to take advantage of the country’s plan to issue virtual banking licenses to transform itself into a tech-savvy lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term. Multiple large U.S. banks have decreased their targets with an economic environment that is changing, the Financial Times reported. Get...
Michigan has approved a charter for a new financial institution designed for LGBT customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
India’s shadow banks are struggling as defaults in the country’s credit market have risen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Swedbank’s new CEO says that while transparency is a goal after his predecessor misled the public about money laundering, he still has to protect clients’ privacy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new survey of 34 banks in Switzerland showed that only about 50 percent of the population bank online, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
