All articles by Swagath Bandhakavi
Swagath Bandhakavi
Swedish BNPL firm Klarna amasses $1.4bn in NYSE IPO
Klarna, which will begin trading under the symbol “KLAR”, priced 34.3 million ordinary shares at $40 each in its IPO.
PNC to expand in Colorado and Arizona with $4.1bn acquisition of FirstBank
FirstBank, with $26.8bn in assets as of 30 June 2025, runs 95 branches in Colorado and Arizona.
BBVA announces €14.8bn hostile bid for Banco Sabadell
Banco Sabadell chairman Josep Oliu believes BBVA’s offer undervalues the bank’s future and is less favourable than before.
Goldman Sachs targets $1bn stake in T. Rowe Price amid new partnership
The partnership will combine Goldman Sachs and T. Rowe Price’s investment expertise and client understanding to enhance services.
Aon to sell majority of NFP’s wealth segment to MDP for $2.7bn
The deal includes major NFP entities like Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth, and their associated platforms.
Mechanics finalises merger with HomeStreet to expand US West Coast presence
The merged entity now runs 166 branches across four states, with assets exceeding $22bn.
UK lender Shawbrook to acquire ThinCats to boost SME services
ThinCats, a UK-based specialist lender, provides customised funding solutions to established, growth-focused SMEs.
Rain secures $58m in Series B for stablecoin infrastructure platform
Rain offers essential infrastructure for fintechs, banks, and marketplaces to implement stablecoin-powered cards, wallets, and payment programmes.
Swedbank to acquire Barclays’ 50% stake in Entercard for $273m
Founded in 2005, Entercard delivers consumer credit services throughout Sweden, Norway, Denmark, and Finland.
Standard Chartered partners with Ant on AI-driven treasury solutions
The partnership seeks to lower FX costs and enhance risk management using real-time, 24/7 AI-driven FX forecasting.