All articles by Swagath Bandhakavi

Swagath Bandhakavi

Mediobanca proposes €6.3bn acquisition of Banca Generali

Following the acquisition, Mediobanca is expected to concentrate primarily on wealth management, aiming to double its revenues to €2bn and substantially increase its net profits

Cadence Bank to acquire Industry Bancshares

Founded in 1911 and headquartered in Industry, Texas, Industry Bancshares operates 27 full-service branches across Central and Southeast Texas

Eastern Bankshares to acquire HarborOne Bancorp in $490m stock and cash deal

The merger will expand Eastern Bankshares’ footprint across New England through the integration of HarborOne Bancorp into its operations

Nu Mexico receives banking license approval, paving way for product portfolio expansion and increased financial inclusion

Nu will continue operating as a SOFIPO during its transformation process, providing the same seamless user experience ahead of beginning operations as a bank

Columbia Banking System and Pacific Premier sign $2bn merger deal

The merger will create a $70bn regional banking institution, strengthening its presence across major Western US markets

National Bank of Canada announces acquisition of PGM Global

With over a decade of proven expertise, PGM Global will strengthen NBIN’s ability to support clients through complex market transactions

MidFlorida Credit Union to acquire Prime Meridian in Florida expansion push

The transaction marks MidFlorida Credit Union’s third bank acquisition in five years, boosting its total assets to $9.5bn and expanding its loan portfolio to $7.2bn

FundThrough acquires Ampla, strengthening its digital-first invoice funding solution

The leading fintech funding platform for SMBs secures a $25M Series B equity investment, led by Klister Credit Corp.

Nomura to buy Macquarie’s US and European asset management units for $1.8bn

The acquisition involves assets worth approximately $180bn, spanning equities, fixed income, and multi-asset strategies

Clearwater Analytics finalises acquisition of Enfusion

Clearwater will deliver industry’s first unified, cloud-native front-to-back platform for institutional investors