All articles by Swagath Bandhakavi
Swagath Bandhakavi
Ramp achieves $22.5bn valuation with $500m Series E-2 round
Ramp provides services such as corporate cards, expense management, bill payments, travel booking, procurement, and treasury functions.
Swiss bank UBS reports 111% rise in Q2 net profit to $2.4bn
Revenues for the quarter reached $12.1bn, marking a 2% increase from the same period last year.
BTG Pactual to acquire HSBC’s Uruguayan operations for $175m
The acquisition bolsters BTG Pactual’s presence in Latin America and aligns with its larger international expansion strategy.
Northwest Bancshares finalises $270.4m acquisition of Penns Woods Bancorp
Following the merger, Northwest Bank has expanded its operations to 151 financial centres in Pennsylvania, New York, Ohio, and Indiana.
Pinnacle and Synovus to merge in $8.6bn deal targeting Southeast US growth
The merger will position the combined entity as Georgia’s largest bank holding company and Tennessee’s largest bank.
Corpay to enhance cross-border services with $2.2bn Alpha acquisition
The acquisition supports Corpay’s strategy to strengthen cross-border operations by merging Alpha’s regional expertise with the former’s global presence.
Fiserv partners with TD Bank Group for enhanced merchant solutions
TD Merchant Solutions will utilise Fiserv’s Clover point-of-sale system to improve its merchant business operations.
First Community to acquire West Virginia-based Hometown Bancshares
The acquisition is expected to boost First Community’s total assets to about $3.6bn and expand its branch network to 60 locations in four states.
Bank First signs $174.3m deal to acquire Centre 1 Bancorp
The deal marks Bank First’s first out-of-state expansion into southern Wisconsin and northern Illinois, enhancing its market reach.
Eton Solutions completes $58m Series C led by Navis Capital Partners
The firm secured investment to enhance AI and product innovation in its platform, expanding offerings in private equity and funds.