Tag: Banking acquisition news

Bank of Georgia Group to acquire Ameriabank CJSC for $303.6m to expand reach

businessnewstoday- February 20, 2024

Bank of Georgia Group PLC ("BOGG") has officially announced its plan to acquire 100% of Ameriabank CJSC, a leading Armenian bank, for approximately $303.6 million. ... Read More

Hometown Financial Group to expand with North Shore Bancorp merger

businessnewstoday- February 16, 2024

In a significant move within the banking sector, Hometown Financial Group, Inc., the esteemed holding company for bankESB, bankHometown, and Abington Bank, has entered into ... Read More

Tesco to sell banking operations to Barclays to enhance customer offerings

businessnewstoday- February 9, 2024

Tesco, a dominant force in the UK's retail landscape, has entered into a definitive long-term strategic partnership with Barclays, a leading name in UK banking. ... Read More

Jefferies Financial to sell OpNet to Wind Tre for €485m to advance investment banking focus

businessnewstoday- February 5, 2024

Jefferies Financial Group Inc. (NYSE: JEF), in line with its vision to become the premier independent global Investment Banking and Capital Markets firm, has entered ... Read More

LINKBANCORP completes merger with Partners Bancorp, expanding Mid-Atlantic presence

businessnewstoday- December 4, 2023

LINKBANCORP, Inc. (NASDAQ: LNKB), the parent company of LINKBANK, has wrapped up the previously announced merger with Partners Bancorp (NASDAQ: PTRS). This strategic move, effective ... Read More

Banc of California completes merger with PacWest Bancorp, transforming into a business banking powerhouse

businessnewstoday- December 1, 2023

Banc of California, Inc. has successfully completed its transformative merger with PacWest Bancorp, combining two significant financial entities. The merger has resulted in the creation ... Read More

First Busey Corporation to acquire Merchants and Manufacturers Bank in $42m deal

businessnewstoday- November 28, 2023

First Busey Corporation (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (M&M), the holding company for Merchants & Manufacturers Bank ... Read More

Eurobank finalizes sale of Serbian subsidiary to AIK Banka, boosts CET1 ratio

businessnewstoday- November 5, 2023

Eurobank S.A., under its parent company Eurobank Ergasias Services and Holdings S.A., has officially concluded the sale of Eurobank Direktna, its Serbian subsidiary, to AIK ... Read More

GBank Financial explores merger with BankCard Services amid growing fintech influence

businessnewstoday- November 2, 2023

GBank, operating under GBank Financial Holdings Inc. (OTCQX: GBFH), with assets totaling approximately $729.3 million as of September 30, 2023, announced its Board's initiative to ... Read More

Deutsche Bank seals the deal: Acquires Numis to unveil ‘Deutsche Numis’ in UK investment banking sector

businessnewstoday- October 15, 2023

Deutsche Bank AG, a major player in the international banking arena, has triumphantly concluded its acquisition of the prestigious Numis Corporation Plc. With an intent ... Read More