Banking Retail

Latest News for: Banking retail

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Retail sales return to growth as shoppers took advantage of January bargains

Irish Independent 15 Feb 2019

Philipp Gutzwiller, head of retail at Lloyds Bank Commercial Banking, said ... Howard Archer, chief economic adviser at EY ITEM Club, said despite the spike in retail sales the Bank of England is still unlikely to hike interest rates before November and that there is a “genuine chance” that it will sit tight on rates through 2019....

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JSE tracks weaker world markets as risks mount

Business Day 15 Feb 2019

The rand was weaker on Friday morning, weighing on local banks, although general retailers and food and drug retailers had edged higher ... Banks fell 1.11% and industrials 0.72% General retailers ......

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Wallis Bank Launches New Services to Enhance Customer Experience and Security Online

Market Watch 15 Feb 2019

New services include Wallis 360, a revamped treasury management system for both small and large businesses; CardValet®, a mobile application for online debit card control; and Wallis Bank Mobile, a retail banking application recently updated for mobile deposits ... Wallis Bank has ......

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UK retail sales bounce as shoppers flock to January sales

The Irish Times 15 Feb 2019

British retail sales rebounded strongly in January as steep clothing discounts attracted wary shoppers, bucking a slowdown in consumer spending ahead of Brexit ... Philipp Gutzwiller, head of retail at Lloyds Bank Commercial Banking, said Friday’s data were “undoubtedly a positive” although the big picture remained one of cautious spending....

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Markets Right Now: Mixed finish on Wall Street for stocks

Journal Review 15 Feb 2019

Stocks drifted to a mixed finish on Wall Street as losses for banks and consumer products makers outweighed gains elsewhere in the market ... The market started lower after the government reported a surprise drop in retail sales in December, then clawed back much of those losses and drifted the rest of the day....

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D-Street Buzz: PSU Banks in red led by Indian Bank; RIL rises, YES Bank most active

Moneycontrol 15 Feb 2019

PSU Banks were also trading in the red with loses from Indian Bank, Canara Bank, Punjab National Bank, State Bank of India, Oriental Bank of Commerce, Syndicate Bank, Bank of India and Bank of Baroda ... US retail data indicates economy is in recession ... The most active stocks�were�YES Bank, Dr Reddy's Labs, ITC, Axis Bank and Reliance Industries....

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UK consumers prove resilient to Brexit uncertainty _ for now

Federal News Radio 15 Feb 2019

The Office for National Statistics said Friday that retail sales during January were up 1 percent from the month before, with clothing and footwear heavily in demand ... seen some retailers struggle to stay afloat ... Export-Import Bank of the U.S....

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Wall Street skids as bleak retail sales data clouds trade optimism

The Times of India 15 Feb 2019

US stocks fell on Thursday, led by declines in consumer and bank shares, after bleak retail data fanned concerns about retailer earnings and led to increased bets of interest rate cuts, with losses capped by optimism over Sino-US trade talks....

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Retail sales recover after dismal Christmas as shoppers go bargain-hunting

The Independent 15 Feb 2019

Retail sales rose in January and beat market expectations as shoppers took advantage of discounts following a disappointing Christmas ... On an annual basis, retail sales grew 4.2 per cent, which was the highest rate since December 2016 ... Philipp Gutzwiller, head of retail at Lloyds Bank Commercial Banking, said....

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Major US indexes slip, bu Nasdaq bucks trend

Hong Kong Standard 15 Feb 2019

Losses in banks and retailers and consumer products makers offset gains in health care stocks, technology companies and elsewhere in the market as investors weighed new data showing retail sales slumped in December amid a disappointing holiday shopping season ... Separately, the National Retail Federation issued figures showing U.S....

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CaixaBank customers can use their faces to withdraw money at ATMs

Computer Weekly 15 Feb 2019

Spanish bank CaixaBank has installed ATMs that use facial recognition to authenticate customers, enabling them to withdraw money without needing a card or PIN ... The use of biometric technology has been a long-held strategy at the bank ... Caixabank serves about 30% of Spain’s retail bank customers, and 5.2 million use its mobile banking app....

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Retail-sales dip weighs on stocks

Arkansas Online 15 Feb 2019

Losses in banks, retailers and consumer products makers offset gains in health care stocks, technology companies and elsewhere in the market as investors weighed new data showing retail sales slumped in December amid a disappointing Christmas shopping season ... Separately, the National Retail Federation issued figures showing U.S....

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Ripple Scores Another Partner, Kuwaiti Bank for “Speedy Cross-border Payments”

CoinGape 15 Feb 2019

Over 200 long list of Ripple partners is slowly adding more banks ... Al Ahli Bank of Kuwait (ABK) has been operating for over 50 years in the Gulf that offers a wide range of financial products and banking services to retail and commercial customers in Kuwait, Egypt and the United Arab Emirates....