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IBM: European banks not planning "wholesale transformation" of banking systems with modernised processes

European banks are in a "holding pattern" when it comes to integrating the latest technology into their core banking systems, with the majority only carrying out modernisation initiatives when necessary rather than with a view towards long-term transformation,... 27 Aug 2014

UAE bank chief calls for more mergers in ‘crowded’ financial sector

The head of banking group Emirates NBD has called for more consolidation in the United Arab Emirates’ (UAE) banking sector because “there are too many banks serving a relatively small population”. 27 Aug 2014

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