The CMA’s Retail Banking Market Investigation is over 700 pages, with the summary clocking in at 52 pages. Before you dive in, here are the key takeaways from the report:

Exaxe, the award-winning specialist SaaS solutions provider for the life and pensions industry, announced a 44% increase in revenues for the year ending 2015 and its plans to create at least 20 new jobs over the next two years.

This revenue growth reflects the continued success of Exaxe’s innovative component based SaaS solutions for the life and pensions sector. In the past 12 months Exaxe has secured contracts with AXA Life Invest, Aviva, Police Mutual, and one other Irish life and pension company to be announced shortly.

 Verint^® Systems Inc. announced that one of the UK’s largest car insurance providers, Admiral Group, has gained new levels of customer insight leveraging Verint Speech Analytics^™, alongside its Verint 

Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity software is pleased to announce the appointment of David Eagan as Global Director, Customer Success and Service Delivery.

I’ve just read an article titled “Within a Decade, Retail Banks will be Dead”, at the time of reading, it had 2517 likes and 697 comments on LinkedIn. As a result, I assumed this must be great stuff. But instead, after reading, I was left slightly bewildered by the title, for what the article was trying to say was retail branches will be dead within 10 years. Then in the comments (not that I read all 697) there was discussion about how retail banking as we know it now will change. Again that still missed the point.

 TIM Group, a global provider of software, services and platforms for institutional investors to achieve market-beating returns, has recruited three further members to work in its New York office, to increase its footprint in a key market and to continue to support its US clients.

The Governor of the DIFC, HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC families, as well as deepening the DIFC’s core offering to the international wealth management community.