All articles by Dursaff Ibrahim
Dursaff Ibrahim
Amex wins the Twitter crown
Twitter does not seem to be the most favourable social networking site for banks, as some of the big players that featured at the top of the Facebooks battle of the 150 most popular banks seem to have little presence on Twitter. Dursaff Ibrahim highlights 70 banks with the most Twitter followers.
Sberbank, Standard Chartered and Banca Intesa linked with bid for Denizbank
Three bidders have emerged as potential buyers for Dexias Turkish subsidiary DenizBank.
The top 150 banks on Facebook
In a battle of the most socially media active banks at least on Facebook Chase comes out easily on top with over 2.9m Facebook likes. That figure equates to 5.27% of its customers base, making it far and away the most popular bank on Facebook. Not far behind are the UK-based Barclays group with its sports themed sponsorship contributing to its popularity in the world of social media.
Citibank to expand retail banking business in East US
Citibank has appointed a former Wells Fargo director as its regional president of consumer banking in Eastern US as part of its drive to expand its retail banking offer.
Sberbank eyes up 2 Polish banks
Russias largest lender by assets, Sberbank, is eying an expansion into Central and Eastern Europe.
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Capital One resists trend among peers – gives 50% cashback on cards after 1 year
Capital One has launched a new cash-back credit card that offers customers up to 50% more value without conventional restrictions of cash reward cards.
Nigeria: GT Bank enhances ATM services
Gambia-based GT Bank has enhanced its ATM services in Nigeria allowing its customers to make case deposits at designated ATMs.
ICBC to tackle Big Data with SAS
Industrial and Commercial Bank of China (ICBC) has signed up business analytics software provider SAS to overcome what the industry has coined the Big Data Challenge.
Citi to offer rewards redemption on app store
The US lender has teamed up with online retailer Best Buy to offer customers the opportunity to redeem Thank You Rewards points via their iPhone, iPod touch and Android devices. The introduction of the rewards redemption app comes just weeks after Citi launched a new simplicity card to appeal to a wider card user base.
Wells Fargo to charge customers for debit cards
The US lender has joined the ranks of other rivals and is to charge a fee of $3 per month for debit card users in five US states from October on. The introduction of the debit card usage fee comes five months after major US banks and credit unions teamed up to push US consumers into lobbying against the governments proposed restrictions to interchange fees under the Dodd Frank Act.