Axis Bank Q2FY25 profit spikes 18%—see what’s driving its digital dominance

Pallavi Madhiraju- October 17, 2024 0

Axis Bank has reported a strong financial performance for the quarter ending 30th September 2024, with profits and digital expansion leading the charge. The bank's ... Read More

ELGA Credit Union to acquire Marine Bank in $43.75 per share all-cash deal

Pallavi Madhiraju- June 5, 2024 0

ELGA Credit Union ("ELGA CU") and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the parent company of Marine Bank & Trust Company ("Marine Bank"), have ... Read More

UBS Group completes merger with Credit Suisse to strengthen market position

Pallavi Madhiraju- June 2, 2024 0

UBS Group AG has officially announced the completion of its merger with Credit Suisse AG, marking a significant consolidation in the global banking sector. This ... Read More

Wayne Savings Bancshares merges with Main Street Financial Services, bolstering community banking

Pallavi Madhiraju- June 1, 2024 0

In a significant move in the community banking sector, Wayne Savings Bancshares, Inc. (OTCQX: WAYN) and Main Street Financial Services Corp. (OTCPK: MSWV) have officially ... Read More

Atlanta Postal Credit Union to acquire Affinity Bank in landmark all-cash deal

Pallavi Madhiraju- May 31, 2024 0

Atlanta Postal Credit Union (APCU), Georgia’s oldest and the largest postal credit union in the United States, alongside its subsidiary Center Parc Credit Union, has ... Read More

Dogwood State Bank and Community First Bancorporation shareholders approve merger

Pallavi Madhiraju- May 26, 2024 0

Shareholders of Dogwood State Bank (OTC: DSBX) and Community First Bancorporation (OTC: CFOK) have overwhelmingly approved the merger between Community First and Dogwood. The transaction, ... Read More

Gesa Credit Union to acquire Security State Bank in strategic expansion move

Pallavi Madhiraju- May 25, 2024 0

In a significant development within the banking sector of the Pacific Northwest, Gesa Credit Union, headquartered in Richland, Washington, has entered into a definitive agreement ... Read More

Coventry Building Society to acquire Co-operative Bank for £780m

Pallavi Madhiraju- May 24, 2024 0

In a significant move within the UK banking sector, Coventry Building Society (CBS) has announced its acquisition of Co-operative Bank for a total of £780 ... Read More

Sydbank A/S to enhance banking portfolio with acquisition of Coop Bank A/S

Pallavi Madhiraju- May 23, 2024 0

In a significant development in the Danish banking sector, Sydbank A/S has officially announced its acquisition of Coop Bank A/S, which will now operate as ... Read More

Dhanlaxmi Bank reports 17.14% increase in net profit for FY 2024

Pallavi Madhiraju- May 22, 2024 0

Dhanlaxmi Bank Limited has announced its financial results for the fiscal year ended March 31, 2024, showcasing a robust year-on-year growth in profitability and business ... Read More