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Umpqua Bank launches its new flagship store in San Francisco 27 Aug 2013 | 04:01 pm

Umpqua Bank has opened a new store concept outlet in San Francisco to provide enhanced banking experience for customers and public at every level.

UK FCA disagrees with certain EU financial regulations 27 Aug 2013 | 03:59 pm

The UK Financial Conduct Authority (FCA) has refused to accept the EU guidance on financial regulations framed to bring more financial austerity as well as transparency among institutions across the r...

Standard Chartered presents cross border banking services in East Africa 27 Aug 2013 | 03:51 pm

Standard Chartered, an international financial institution, has introduced its cross border banking services in East Africa, with a strategy to offer a comprehensive banking facility to small business...

SEC sues North Carolina-based adviser for misleading over algorithmic currency trading 26 Aug 2013 | 04:05 pm

The US Securities and Exchange Commission (SEC) has charged North Carolina-based Chariot Advisors and its former owner Elliott Shifman for misguiding an investment fund’s board about the firm’s capabi...

Netherlands plans to divest ABN AMRO in full 26 Aug 2013 | 04:03 pm

The Dutch government has set the next 12 months as deadline to divest the bailout lender ABN AMRO in full, in a bid to recover the fund infused during the financial crisis of 2008.

CrossFirst Bank acquires Tulsa National Bank 26 Aug 2013 | 12:28 pm

Kansas city-based CrossFirst Bank has acquired Tulsa National Bancshares and its banking subsidiary for an undisclosed sum, to boost operations in the area and offer better services to its customers.

Rabobank H1 net profit falls by 14% amid recession 26 Aug 2013 | 12:24 pm

Netherlands-based financial services provider Rabobank Group has reported a net profit of €1.11bn for the first half of 2013, a 14% decrease compared to €1.28bn during last fiscal, mainly due to persi...

UBS sets deadline for German customers to confess tax evasion 26 Aug 2013 | 10:44 am

Swiss global financial services company UBS has asked its German customers to admit the tax evasion fraud or exit the bank in the next 16 months.

First Trust introduces international multi-asset diversified income index fund 23 Aug 2013 | 03:27 pm

First Trust Advisors, an investment products provider, has rolled out its new exchange-traded fund (ETF), which seeks income and diversification using a multi-asset approach.

Independent Group plans to takeover Live Oak Financial 23 Aug 2013 | 12:53 pm

US-based Independent Bank Group (IBG) has signed a definitive agreement to acquire Live Oak Financial Corp and its banking subsidiary in Dallas, Texas.

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