All articles by Swagath Bandhakavi
Swagath Bandhakavi
Cadence Bank completes its acquisition of Industry Bancshares
The merger also provides stability and consistency to Industry’s banking operations and customer experience, and increased liquidity to support lending in Industry’s markets.
ABN AMRO wraps up €672m acquisition of Hauck Aufhäuser Lampe
The deal is expected to boost Bethmann Bank as a key provider for wealthy clients, family businesses, and institutions in Germany.
ECB commits to distributed ledger technology settlement plans with dual-track strategy
Short-term track (Pontes) to pilot link between distributed ledger technology platforms and TARGET Services by end-2026.
BNP Paribas to buy German custody and depositary business of HSBC
Through the acquisition, BNP Paribas aims to enhance services in institutional funds and insurance sectors.
BBVA expands European presence with German digital bank launch
BBVA’s German digital bank offers a checking account with 3% interest and a debit card with 3% cashback, fee-free.
Maverick Bancshares to expand West Texas presence with Sandhills acquisition
The agreement will see Tejas Bank merge into Maverick Bank, creating a regional community bank in West Texas with assets exceeding $650m once finalised.
Xero to acquire Melio to integrate bill payments with accounting software
The transaction enables Xero to incorporate Melio’s bill payment capabilities into its accounting platform, expanding its offering for small and medium-sized businesses in the US.
First Financial Bancorp to acquire Westfield Bancorp in $325m deal
According to the agreement, $260m will be paid in cash, with the balance covered by issuing approximately 2.75 million shares of First Financial stock.
Shift4 to acquire Australian payments firm Smartpay for $180m
Smartpay focuses on EFTPOS solutions, providing merchants with comprehensive services encompassing the design, development, and implementation of their payment systems.
EC approves UniCredit’s Banco BPM acquisition with conditions
UniCredit will divest 209 branches in overlapping Italian areas to address competition concerns and maintain market balance.