Banking
Capital One Launches Mobile Banking App For iPhone & Android
Capital One Services has finally joined the ranks of major financial institutions that offer their own Android mobile-banking applications with the introduction of environmental officials. Capital One owners can now check their balances, pay bills, [...]
PNB To Finalize Metlife As Partner For Life Insurance Venture
The second largest country in the public sector lender, Punjab National Bank (PNB), said today that it has selected MetLife as a partner for a foray into the segment lifeinsurance proposed. “We looked at the [...]
Bank of America Posts Record Quarterly Loss On Bad Home Loans
Bank of America Corp. (BAC) posted the largest quarterly loss in history after the lender’s chief executive Brian T. Moynihan booked several costs associated with mortgages defective. The shares rose 1 percent in early trading [...]
Citigroup’s Profit Climbs 24% On Higher Investment Banking Fees
Citigroup’s third-largest U.S. bank, said profit rose by 24%, beating analysts ‘estimates’ of higher investment banking fees and fewer losses to the property of trouble. Net income for the second quarter was 3.34 billion compared [...]
First Gulf Bank Profits Climb 13% As Interest Income Rises
Abu Dhabi-based First Gulf Bank (FGB) said Wednesday second-quarter net tax revenue rose 13 percent on the year of Dh890 million, while net income for the fiscal first half rose by 3.4 percent Dh1.77 billion. [...]
Quarter Of Smartphone Owners Use Mobile Banking
25 percent of UK mobile internet users now use mobile banking services, online consumer research released today by the experts in web and mobile antenna App With the number of mobile Internet-enabled mobile phones continues [...]
Greece Encourages Banks To Participate In The Debt Crisis
Greece’s new finance minister said that government has encouraged banks to participate in the greek solution to the crisis crippling debt, just days before crucial parliamentary vote, which could prevent a disastrous default. Venizelos, who [...]
