French bank Societe Generale has agreed to pay a penalty of $1.3bn to settle the anti money laundering probes in the US. The bank added …
Bank Leumi plans to launch online bank in US
Israel-based lender Bank Leumi is planning to launch the Bank Leumi online-only bank offering Pepper in the US. Currently, the bank is in talks with …
Danske Probe: US investigators call Deutsche Bank, JPM and BofA
The US investigators probing the Danske Bank money-laundering case have approached Deutsche Bank, Bank of America and JPMorgan for information, Bloomberg has reported citing undisclosed …
Zero Financial secures $16m investment; introduces cards cash back
Zero Financial, a California-based fintech start-up that offers a debit-style banking experience with cash back, has raised $16m from a group of investors and has …
Wells Fargo to retrench close to 1,000 employees in US
Wells Fargo is set to lay-off around 1,000 of its employees in the US as a part of its previously announced plan to reduce its …