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Javelin Reveals 2014 Digital Banking Experience Leaders
Javelin Strategy & Research’s semiannual benchmarking study, Outperform, has revealed that Bank of America, Chase, Citibank, and Wells Fargo are digital banking leaders among the top 20 retail banks. Tue, 29 Jul 2014 05:20:00 -0700

Deutsche Bank pretax profit rises as markets focus pays off
Deutsche Bank AG's (DBKGn.DE) bid to become "last man standing" in European investment banking is working, the bank said on Tuesday, even as the threat intensifies of costly litigation and regulatory actions. Germany's flagship bank reported a 16 percent year-on-year increase in quarterly pretax income, higher than expectations, as revenue from its huge debt trading operations avoided the harsh ... Tue, 29 Jul 2014 04:52:14 -0700

RBS CIO Scott Marcar leaves
Scott Marcar, CIO for corporate and institutional banking (CIB) at Royal Bank of Scotland, is leaving the bank to take up another opportunity. His role will be filled on an interim basis by Adam Wheelwright, who is currently head of prime, collateral and operations technology at the bank. Mon, 28 Jul 2014 18:25:05 -0700

Bradley D. Zinn Joins Floridian Community Bank as Senior Vice President/Commercial Banking
Floridian Community Bank is pleased to announce that Bradley D. Zinn has joined the bank as Senior Vice President/Commercial Banking. Mr. Zinn will work out of the bank’s corporate Mon, 28 Jul 2014 12:55:00 -0700

DealBook: Lloyds Bank to Pay Over $380 Million to Resolve Rate Manipulation Inquiries
The Lloyds Banking Group of Britain is the latest bank to admit wrongdoing by its employees in trying to manipulate the London interbank offered rate, or Libor. Mon, 28 Jul 2014 11:23:10 -0700

German Group Sues to Block European Banking Union
The suit asserts the union, aimed at prevent banking crises, is illegal because it would make Germans liable for bank failures in other countries. Mon, 28 Jul 2014 09:24:40 -0700

Lloyds bank fined £218 mn over Libor rigging
Britain's Lloyds Banking Group said Monday it will pay £218 million in fines to British and US regulators, becoming the latest global lender to be fined for rigging inter-bank lending rates. The punishment, worth $370 million or 276 million euros, is the latest twist in the long-running Libor scandal that has badly tarnished the reputation of London as a financial centre. Lloyds's settlement is ... Mon, 28 Jul 2014 09:05:19 -0700

Lloyds fined £218m over Libor
State-backed Lloyds Banking Group was today fined £218 million after it admitted "shocking" rate rigging practices, including ripping off the Bank of England over its financial life support scheme. Mon, 28 Jul 2014 08:47:37 -0700

California Bank of Commerce Announces New Hires
California Bank of Commerce , a unique business bank serving the greater San Francisco Bay Area, announced the addition of six new banking professionals. Mon, 28 Jul 2014 07:37:00 -0700

Philippine Islamic bank eyes new life after years of struggle
A peace plan, a lifting of foreign ownership limits and the drafting of new Islamic banking rules in the Philippines could help breathe new life into one of the world's oldest Islamic finance institutions. Since 1974, Makati-based Al Amanah Islamic Investment Bank has been the only lender in the country offering financial products that obey religious principles such as a ban on interest and ... Sun, 27 Jul 2014 22:02:54 -0700

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