All articles by Pradeep Bairaboina
Pradeep Bairaboina
Groupe BPCE to acquire 75% stake in Portugal’s novobanco for €6.4bn
The deal forms part of BPCE’s VISION 2030 strategic plan, designed to expand its operations in France, Europe, and beyond.
Genesis Bank announces completion of acquisition of Beverly Hills headquartered Excel Bank, a tradename of EH National Bank
Beverly Hills location in the Rolex building at 9420 Wilshire Blvd. at Canon Dr. represents “Los Angeles Headquarters” and Temecula location at 27720 Jefferson Ave. along the 15/215 Freeway corridor represents “Inland Empire Headquarters,” in addition to Genesis Bank’s existing Orange County Headquarters at 4675 MacArthur Ct. across from the John Wayne Airport
NatWest to close 52 more branches amid digital banking shift
The bank’s decision aligns with the increasing trend towards digital banking, as over 80% of NatWest’s current account holders now utilise online services.
FB Financial and Southern States receive final regulatory approvals for merger
The companies anticipate the transaction to close on July 1, 2025, with systems conversion expected to follow during the third quarter of 2025.
HSBC to exit US business banking portfolio amid strategic shift
The UK-based financial institution has been scaling back its global presence to enhance profitability and focus on Asian and Middle Eastern markets
NatWest Group returns to full private ownership
Following two separate recapitalistations in 2008 and 2009, HMT’s economic ownership of the Group totalled 84.4%
Capital One closes acquisition of Discover Financial Services
Capital One Financial has completed its acquisition of Discover Financial Services, with regulatory and shareholder approvals finalised
Global Payments launches new Genius POS platform
The new Genius platform enables global expansion and vertical specialization at scale, allowing Global Payments to rapidly launch in multiple countries
Lloyds Banking Group partners with Moneyhub to enhance digital banking
The collaboration will cover both retail and non-retail transactions across LBG’s brands, including Lloyds, Halifax, Scottish Widows, and Bank of Scotland
Mastercard and MoonPay team up to mainstream stablecoin payments
Enterprises and fintechs can now leverage branded Mastercard cards linked to consumers’ stablecoin balances