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M&As this week: Parsons Corporation, China Power International Development, State Bank of India

2017-10-13 01:00:00| Power Technology

Parsons Corporation has acquired US-based Williams Electric Company.

Tags: international state power development


Deals this week: Faiveley Transport, China Railway Tunnel Group, The European Investment Bank (EIB)

2017-10-13 01:00:00| Railway Technology

Wabtec subsidiary Faiveley Transport has received a $100m contract from Alstom and Bombardier Transportation.

Tags: group week china bank


UK lenders cutting back on unsecured loans, says Bank

2017-10-12 16:02:50| BBC News | Business | UK Edition

Non-mortgage lending is set to tighten in the coming months, a Bank of England survey suggests.

Tags: back bank loans cutting


Danske Bank shuts MobilePay in Norway, holds talks with Vipps

2017-10-11 12:41:00| Telecompaper Headlines

(Telecompaper) Danske Bank said it is shutting down MobilePay in Norway and is negotiating a distribution agreement with rival Vipps, which was spun off by DNB (formerly Den norske Bank) earlier this year. Rival bank Nordea Norway announced separately that it has joined forces with Vipps.

Tags: bank holds norway talks


Vanquis Bank Limited fined 75,000 over texts and emails

2017-10-10 14:00:29| BBC News | Business | UK Edition

More than 870,000 spam texts and 60,000 emails were sent out to promote credit cards, the ICO said.

Tags: limited bank emails texts


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