Tag: Banking acquisition news

US bank holding firms Columbia Banking System, Umpqua complete merger deal

businessnewstoday- March 1, 2023

Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the holding company for Umpqua Bank, have closed their previously announced merger. ... Read More

TD Bank closes $1.3bn acquisition of investment banking company Cowen

businessnewstoday- March 1, 2023

TD Bank Group has completed the previously announced $1.3 billion acquisition of Cowen, an American investment banking company listed on Nasdaq. The all-cash deal was ... Read More

Freedom Holding to acquire investment bank Maxim Group in $400m deal

businessnewstoday- February 19, 2023

Freedom Holding Corp., an American company providing financial services, has signed a binding agreement to purchase Maxim Group LLC and its registered investment advisory (RIA) ... Read More

Kotak Mahindra Bank to acquire microfinance institution Sonata Finance

businessnewstoday- February 13, 2023

Kotak Mahindra Bank (KMBL) has agreed to acquire Sonata Finance Private Limited (SFPL), an Indian non-banking finance company, from existing shareholders for about INR 537 ... Read More

Southern Missouri Bancorp wraps up acquisition of Citizens Bancshares

businessnewstoday- January 23, 2023

Southern Missouri Bancorp, the Missouri-based holding company for Southern Bank, has completed its previously announced $140 million acquisition of Citizens Bancshares, the parent company of ... Read More

Farmers National Banc closes $105m acquisition of Emclaire Financial

businessnewstoday- January 4, 2023

Farmers National Banc Corp., an Ohio-based bank holding company, has closed the previously announced $105 million acquisition of Emclaire Financial Corp., a Pennsylvania-based bank holding ... Read More

Twig acquires teen banking company Vybe Technologies to serve Gen Z market

Raghuram Kadari- January 2, 2023

Twig has acquired Vybe Technologies, a teen banking services provider in the UK, in a move to increase its market reach. The financial terms of ... Read More

Mid Penn Bancorp to acquire Brunswick Bancorp to expand in central New Jersey

Raghuram Kadari- December 24, 2022

Mid Penn Bancorp, the parent company of Mid Penn Bank, has agreed to acquire Brunswick Bancorp, a holding company of Brunswick Bank & Trust, in ... Read More

Maryland bank holding firms Community Financial, Shore Bancshares to merge

Raghuram Kadari- December 16, 2022

The Community Financial Corporation (TCFC), the holding company of Community Bank of the Chesapeake, will merge with and into Shore Bancshares, the holding company of ... Read More

NBT Bancorp to acquire Nasdaq-listed rival Salisbury Bancorp for $204m

businessnewstoday- December 10, 2022

NBT Bancorp has agreed to acquire rival Nasdaq-listed rival bank holding company Salisbury Bancorp in an all-stock deal worth around $204 million. Salisbury Bancorp is ... Read More