All articles by Swagath Bandhakavi
Swagath Bandhakavi
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.
UK FCA imposes £42m fine on Barclays over financial crime risk failures
The penalties pertain to separate cases involving the wealth management firm WealthTek and the bullion firm and refinery Stunt & Co.
Huntington Bancshares to acquire Dallas-based Veritex in $1.9bn all-stock deal
The acquisition could enhance Huntington’s Texas growth strategy by strengthening its presence in Dallas/Fort Worth and Houston.
NiCE Actimize X-Sight AML solutions selected by Aberdeen Group to enhance its financial crime operations
NiCE Actimize’s embedded AI provides intelligence to optimize detection and improve AML program efficiency.
Lloyds Banking Group in advanced talks to acquire fintech Curve
The British banking group views acquiring Curve as a strategic step to bolster its presence in the payments infrastructure sector.
Seacoast completes acquisition of Heartland Bancshares
Expands Seacoast’s presence in central Florida by entering Highlands County.
Alpaca to enhance EU market presence with WealthKernel acquisition
WealthKernel specialises in delivering wealth management products and compliance solutions for regulated businesses in the UK and EU.
Paysafe launches PagoEfectivo wallet, expanding payment options in Peru
New digital wallet will offer instant payouts, code payments and P2P transfers.