Tag: Banking acquisition news
Wayne Savings Bancshares and Main Street Financial Services announce merger approval
Wayne Savings Bancshares, Inc. (OTCQX: WAYN) and Main Street Financial Services Corp. (OTCPK: MSWV), in a landmark announcement, have received the green light from the ... Read More
Bank of Georgia Group to acquire Ameriabank CJSC for $303.6m to expand reach
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
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
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
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
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
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
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
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
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