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Watchdog orders Danske Bank to close branch

Banking watchdog FSA has ordered Danske Bank to shut down its Estonian branch within eight months, as it is facing a money laundering scandal. FSA...

Westpac to close 22 bank branches in suburbs

Westpac has announced the closure of 22 bank branches as more customers are moving online for banking. The closure is mostly for branches...

IBM inks $260m services deal with Bank of Philippine Islands

Bank of Philippine Islands is signing a $250 million deal with IBM to accelerate it's digital transformation by providing IT infrastructure services that can...

Santander risks 1200 jobs by shutting down 140 branches

Spanish bank Banco Santander has revealed plans to close down around 140 of its UK branches over digitalization, putting nearly 1,200 jobs at risk. With...