All articles by Meghna Mukerjee
Meghna Mukerjee
HSBC to sell Chilean retail banking business to Banco Itau Chile
HSBC has agreed to sell its Chilean retail banking operations to Banco Itau Chile a subsidiary of Itau Unibanco, Brazils largest private-sector bank by assets.
Tesco to offer customers price comparison service through online banking portal
UK supermarket bank Tesco will offer customers the option of using its own brand price comparison service, through Tescos online banking portal, to rate home and car insurance quotes against competitor offerings.
First direct asks customers to choose new debit card design
UK bank first direct is asking customers to give suggestions to design their new debit card.
Visa launches P2P service with Monitise
Visa Europe has announced the launch of its mobile person-to-person payment and alert services for its member banks, that will be activated October onwards. The services have been developed in association with UK-based mobile payments technology company Monitise.
Citi revamps ThankYou rewards
While many banks are eliminating rewards, Citi is keeping its ThankYou rewards programme and making it even more rewarding for customers who use Citi as their primary lender.
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Halifax rolls out ‘community’ campaign
Lloyds Banking Group subsidiary Halifax has launched an integrated marketing campaign to mark the start of a new phase as a renewed, challenger brand.
FirstRand to start retail banking in India in December
South African lender FirstRand will open its first retail branch in Mumbai in December 2011. FirstRand, South Africas second-largest bank by market value, plans to become the first African bank to offer retail banking in India.
Bank of America Marathon contributes $171.5m to Chicago economy
The Bank of America (BofA) Chicago Marathon has contributed an estimated $171.5m in total business activity to the Chicago economy, according to a new economic impact study conducted by University of Illinois at Urbana-Champaigns Regional Economics Applications Laboratory (R.E.A.L.).
SBI ramps up UK market plans
State Bank of India is ramping up its retail banking offering in the UK with plans to grow its branch network, roll out a mobile banking service and grow its product range. Its latest product initiative is the launch of its first mortgage product for the UK market. Meghna Mukerjee reports
IBC to close down 55 small in-store branches
Texas-headquartered financial holdings company International Bancshares (IBC) plans to close 55 of its smaller in-store branches located in grocery shops in response to new federal rules that cap the fees banks can charge retailers for debit card transactions.