Tag: Banking industry news
Provident Financial Services and Lakeland Bancorp to merge in $1.3bn deal
Publicly-listed New Jersey-based bank holding companies Provident Financial Services and Lakeland Bancorp have agreed to an all-stock merger deal worth around $1.3 billion. While Provident ... Read More
Infosys helps Suryoday SFB upgrade to modern digital banking platform
Infosys said that its digital banking solutions were deployed by Suryoday Small Finance Bank (SSFB), an Indian small finance bank, for its digital transformation. As ... Read More
Origin Bancorp closes $313m acquisition of Texas-based BT Holdings
Origin Bancorp, the holding company for Louisiana-based Origin Bank, has closed the previously announced $313.5 million worth acquisition of BT Holdings, the holding company for ... Read More
TD Bank to acquire American investment banking company Cowen for $1.3bn
Toronto-Dominion Bank (TD Bank Group) has agreed to acquire Cowen Inc., a publicly-listed American investment banking company, in an all-cash deal worth $1.3 billion or ... Read More
Persistent Systems helps Monument Bank build digital banking platform
Persistent Systems said that it was selected by Monument Bank, a UK-based neo bank, to develop a customized, cloud-native digital banking platform for lending and ... Read More
First Bancshares to acquire Heritage Southeast Bancorporation for $207m
Mississippi-based First Bancshares has agreed to acquire rival American bank holding company Heritage Southeast Bancorporation in an all-stock deal worth around $207 million. First Bancshares ... Read More
Bank First Corporation to acquire rival Hometown Bancorp for $124m
Bank First Corporation has agreed to acquire rival Wisconsin-based bank holding company Hometown Bancorp in a stock and cash deal worth around $124 million. While ... Read More
HomeTrust Bancshares to acquire Quantum Capital Corp. for $67.6m
HomeTrust Bancshares, a North Carolina-based bank holding company, has signed a stock and cash deal worth around $67.6 million to acquire Atlanta-based Quantum Capital Corp. ... Read More
ICICI Bank Q1 2023 core operating profit up by 19% to Rs 102.7bn
ICICI Bank has reported a core operating profit of INR 10,273 crores ($1.3 billion) for the first quarter of the fiscal year 2023 (Q1 2023) ... Read More
HDFC Bank allots 2.58 million equity shares under ESOP
HDFC Bank said that it has allotted 2.58 million equity shares to its employees pursuant to exercising options under its employees stock options scheme (ESOS). ... Read More
