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Facebook asks banks for access to people’s intimate financial records

NewsBy elkho group10 August 2018

Social network would be able to see card transactions and account balance Facebook has asked big banks to share detailed and intimate financial information about their customers, according to a new report. The social network would get access to people’s card transactions and how much money they have in their account, the Wall Street Journal…

ABN Amro Q2 results report slump in private banking profit

NewsBy elkho group10 August 2018

The private banking arm of Dutch lender ABN Amro has reported a net profit of €104m for the second quarter of 2018, a slump of 56% compared to €234m in the same period last year, ABN AMRO Q2 results show. The unit’s operating profit before tax for the quarter ended 30 June 2018 was €139m,…

HSBC Shifts European Branches to French Unit Control Ahead of Brexit

NewsBy elkho group10 August 2018

HSBC has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain’s exit from the European Union. HSBC France will also acquire the activities of seven European branches in Belgium, the Czech Republic, Ireland, Italy,…

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