banking

  • JPMorgan Chase & Co, the world’s 6th largest bank by total assets, said it plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday. “You’ll see us open in some countries we are not in, in Africa you’ll be hearing about some of…

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  • Heritage isn’t just about history, Bank of America would love to admit, having started the first nationally licensed credit card program which was previously referred to as BankAmericard. The innovation attracted rapid and widespread adoption; growth and increased sales followed, and sooner than expected, the program was eventually renamed Visa after gaining global acceptance. Bank…

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  • There’s fear that one of the biggest banking giants in the world HSBC may lose its US banking licence.   This will depend on the reaction from the Oval Office regarding the bank’s role in its overall banking activities on the Panama records. If the US government probes the bank and nails it for illegal…

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  • The HSBC, Royal Bank of Scotland and Barclays are reportedly set to close 400 UK branches this year.

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