Tag: Banking industry news

Karnataka Bank appoints Srikrislman Harihara Sarma as MD and CEO

businessnewstoday- May 27, 2023

Karnataka Bank, a private sector bank in India, has announced the appointment of Srikrislman Harihara Sarma as its new Managing Director and CEO. The appointment ... Read More

Edmonton State Bank, Sumner Bank & Trust sign merger deal

businessnewstoday- May 24, 2023

Edmonton State Bank, a subsidiary of Edmonton Bancshares, Inc., and Sumner Financial Corporation’s subsidiary Sumner Bank & Trust, a bank based in Gallatin, Tennessee, have ... Read More

Axis Bank introduces Sarathi digital onboarding platform for POS terminals

businessnewstoday- May 24, 2023

Axis Bank, a private sector bank in India, has introduced the Sarathi digital onboarding platform designed to facilitate electronic data capture (EDC) or point of ... Read More

Mizuho Financial to acquire US-based M&A advisory firm Greenhill for $550m

businessnewstoday- May 24, 2023

Mizuho Financial Group (MHFG), one of the largest financial institutions in Japan, has reached an agreement to acquire Greenhill, an investment banking and merger and ... Read More

The First National Bank of Pittsburgh: A trusted financial institution for over a century

businessnewstoday- May 20, 2023

The First National Bank of Pittsburgh holds a significant place in the city's financial landscape, having served as a pillar of stability and trust for ... Read More

First Commonwealth Federal, Bellco Federal Credit Union to merge

businessnewstoday- May 16, 2023

Pennsylvania-based credit unions First Commonwealth Federal Credit Union (FCFCU) and Bellco Federal Credit Union have announced their intention to merge. The financial terms of the ... Read More

Indian Overseas Bank Q4 2023 net profit up by 18% to Rs 650cr

businessnewstoday- May 13, 2023

Indian Overseas Bank (IOB) has posted a net profit of INR 650 crores for the fourth quarter of the fiscal year 2023 (Q4 2023), an ... Read More

Indian Bank Q4FY23 net profit grows by 47% to Rs 1,447cr

businessnewstoday- May 9, 2023

Indian Bank has registered a net profit of INR 1,447 crores for the quarter ended 31 March 2023 (Q4FY23), which is an increase of 47% ... Read More

TD Bank Group scraps $13.4bn acquisition of First Horizon Corporation

businessnewstoday- May 4, 2023

TD Bank Group and US-based First Horizon Corporation have mutually agreed to scrap their previously announced $13.4 billion deal under which the Canadian banking group ... Read More

Arizona’s Bancorp 34 and CBOA Financial to merge in $28m all-stock deal

businessnewstoday- April 29, 2023

Bancorp 34 (BCTF), the holding company of Bank 34, and CBOA Financial, the holding company of Commerce Bank of Arizona, have signed a $28 million ... Read More