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Orange faces challenges as its bank opens for business

2017-11-02 01:00:00| Total Telecom industry news

Orange on Thursday opened its long-awaited Orange Bank in France, but the hard work is just beginning for the telco, according to finance experts. "Being a bank is actually tough," said Arnaud Burger, managing director, global co-head of TMT finance at Societe Generale, earlier this week. Telecoms operators have launched successful mobile banking services in emerging markets, with Orange itself having a strong financial services offering in Africa, but that "doesn't mean it's going to work in Western Europe…read more on TotalTele.com »

Tags: business bank orange challenges

 

UK bank accused of 'criminal complicity' in South Africa scandal

2017-11-01 21:41:53| BBC News | Business | UK Edition

Lord Hain says a UK bank has "aided and abetted" money-laundering in South Africa.

Tags: south bank africa criminal

 
 

Inside the mind of the Bank of England: how it sets rates

2017-11-01 01:21:04| BBC News | Business | UK Edition

Will the Monetary Policy Committee decide to raise interest rates for the first time in a decade?

Tags: rates mind inside bank

 

Brexit: EU bank may not fully repay UK until 2054

2017-10-27 10:46:57| BBC News | Business | UK Edition

The European Investment Bank may not repay the UK in full for its investment until 2054.

Tags: until uk fully bank

 

RBS culture criticised as bank settles US fraud claims

2017-10-26 21:37:11| BBC News | Business | UK Edition

Royal Bank of Scotland agrees a $44m US settlement over accusations traders lied to clients.

Tags: culture bank claims fraud

 

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