Wells Fargo & Co : Wells Fargo expands innovation incubator with additional $20 million .Announced $20 million expansion of Wells Fargo Innovation Incubator, program that advances emerging clean technologies and startup companies.
LHV Group AS : LHV Pank, a subsidiary of AS LHV Group, has decided to initiate a new line of business . In addition to retail banking, private banking and corporate banking, lhv will start servicing payment service providers .LHV intends to start generating income with new branch in second half of 2018.
Bankia SA : Says sells portfolio of non-performing loans of 103 million euros ($110.6 million) . Says transaction enables to reduce balance of non-performing loans by 77.2 million euros Further company coverage: [BKIA.MC] ($1 = 0.9315 euros) (Gdynia Newsroom) ((firstname.lastname@example.org; +48 58 772 0920;)).
United Overseas Bank Ltd : Received preliminary approval from State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam .State Bank of Vietnam has said it will issue UOB an in-principle approval for FOSB licence by June 2017.
U.S. Bancorp :To offer mobile payments for Visa commercial cards.
Bank of Hangzhou Co Ltd <600926.SS> :Says it will set up a new branch in Huzhou.
Bank of Montreal : Bank of Montreal - Will offer free Interac e-Transfer transactions on all everyday bank plans .Bank of Montreal - Offer extends to all Canadian chequing and premium rate savings accounts that are part of a plan.