NatWest eyes simplification to cut costs NatWest is driving its costs down by reducing branches, trimming headcount and simplifying operations.   “We incurred higher severance, branch and property exit costs in the first quarter and expect these to be weighted to the first half of the year,” Chief Financial Officer Katie Murray said during the bank’s first-quarter earnings call today. “We […]
https://bankautomationnews.com..../allposts/retail/nat

Capital One waiting for regulatory approval of Discover acquisition As it waits for regulators to approve its $35 billion acquisition of payments network Discover, Capital One is “fully mobilized to plan and deliver a successful integration.”  Adding Discover will make the $475 billion bank a more “diversified, vertically-integrated global payments platform,” and Discover’s payment volume generated from its 100 million customers will scale Capital […]
https://bankautomationnews.com..../allposts/retail/cap

NatWest eyes simplification to cut costs NatWest is driving its costs down by reducing branches, trimming headcount and simplifying operations.   “We incurred higher severance, branch and property exit costs in the first quarter and expect these to be weighted to the first half of the year,” Chief Financial Officer Katie Murray said during the bank’s first-quarter earnings call today. “We […]
https://bankautomationnews.com..../allposts/retail/nat

Capital One waiting for regulatory approval of Discover acquisition As it waits for regulators to approve its $35 billion acquisition of payments network Discover, Capital One is “fully mobilized to plan and deliver a successful integration.”  Adding Discover will make the $475 billion bank a more “diversified, vertically-integrated global payments platform,” and Discover’s payment volume generated from its 100 million customers will scale Capital […]
https://bankautomationnews.com..../allposts/retail/cap