All articles by Billy Bambrough
Billy Bambrough
Cross platform unification is key at FinovateEurope 2013
This month London played host to the first two day FinovateEurope. On 12 and 13 February, over 700 attendees watched established global players and fledgling start-ups unveil their latest and most innovative financial technologies. Billy Bambrough and Sara Perria look the best and brightest presentations from Finovate in 2013
ING completes sale of ING Direct UK
ING has completed the sale of its ING Direct UK internet bank to Barclays.
Absa launches emergency mobile bank
Johannesburg headquartered Absa has launched a full functional mobile bank after a branch in the Eastern Cape was destroyed by fire.
Rabobank posts 20% fall in profits
Dutch co-operative Rabobank has reported an underwhelming set of results for financial 2012. Net profit of 2.1bn ($2.74bn) was down 20% year-on-year.
CBA seeks to understand consumer spending
The Commonwealth Bank of Australia (CommBank) has launched a website that collects everyday transactional data from consumers.
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HSBC profits fall in 2012
Profit before tax at UK headquartered HSBC fell by 6% in 2012 to $20.6bn, from $21.8bn in 2011.
Bank of Ireland posts 1.8bn loss for 2012
The Bank of Ireland has reported a loss of 1.8bn ($2.3bn) for fiscal 2012 the back of loan write offs due to the property crash.
Lloyds reports improving results
Lloyds Banking Group (Lloyds) has posted a pre-tax loss of £570m ($864m) for 2012, an improvement from a loss of £3.5bn in the previous year.
Co-op facing £1bn capital deficit – FSA
The Co-op Bank (Co-op) is facing a capital hole of up to £1bn according to a report from the Financial Services Authority (FSA).
Digital is already on top – NAB executive general manager
Customers of Australia’s largest bank by assets, NAB (National Australia Bank), are expected to make more transactions though online banking and apps than they do in branch by May says Adam Bennett, NAB’s executive general manager.