2011

Oct

03

Hancock Bank Implements Anti Money Laundering Solutions from NICE Actimize

Hancock Bank is to deploy NICE Actimize's anti-money laundering, fraud prevention as well as enterprise risk case management solutions.

2011

Oct

03

Kasikornbank Taps Respect 7 Unified Teller Solution from KIVA Group

Kasikornbank (KBank), Thailand’s third largest bank has selected Bangkok based KIVA Group in order to implement its Respect 7 unified Teller solution.

2011

Oct

03

Federal Reserve Bank of New York may ask European Banks to Handover Liquidity Report

The Federal Reserve Bank of New York may ask European banks to hand over detailed reports on liquidity.

2011

Oct

03

Greece's Government Approves Euro 8 Billion Austerity Measures

The Greek government has approved a series of austerity measures in an effort to reduce the 2012 budget deficit to 6.8 per cent of the gross domestic product.

2011

Oct

03

Goldman Sachs Estimates 40 Percent Chance of Great Stagnation in Developed Economies

According to a Goldman Sachs' study, the global economy will witness a period of “great stagnation - a period when the growth rate in per capita gross domestic product is 0.5 percent and unemployment is viewed as “high and sticky”.

2011

Oct

03

Federal Regulators Bowed to Banks on Bailout Program

According to a report issued by the office of Christy Romero, the special Inspector General for the taxpayer bailout package

2011

Oct

05

European Banks may require Additional Euro 140 Billion to Overcome Crisis: Morgan Stanley

Morgan Stanley has estimated that European banks may require an additional capital of Euro 140 billion in order to overcome the current liquidity crisis.

2011

Oct

05

Massachusetts Attorney General May Sue U.S. Banks over Foreclosure Disputes

Martha Coakley, Massachusetts Attorney General has claimed that she might sue a number of major U.S. banks.

2011

Oct

05

Mobile Banking Crucial Requirement for Financial Firms: Javelin Report

According to a study by Javelin, mobile banking has become a 'must-have' for the financial institutions because of an increase in adoption by customers as well as an increase in the usage of smartphones.

2011

Oct

05

Slowdown in U.K. Economic Growth Pressuring Bank of England to Provide Additional Stimulus

Policy makers at Bank of England (BoE) are under pressure to instill additional stimulus into the economy owing to a slowdown in the U.K. economic growth.