All articles by Pradeep Bairaboina
Pradeep Bairaboina
Citi selects Fenergo for streamlined AML and KYC in Europe
The collaboration allows Citi to implement tailored, policy-driven risk assessments for Anti-Money Laundering (AML) and Know Your Customer (KYC) processes.
Civista to acquire The Farmers Savings Bank in $70.4m deal
As of 31 March 2025, the combined entity will boast total assets of around $4.4bn, net loans of $3.2bn, and deposits totalling $3.5bn.
Bar Harbor Bankshares receives regulatory approvals for acquisition of Guaranty Bancorp
The transaction is expected to close on or around July 31, 2025, subject to the satisfaction of customary closing conditions.
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