Tag: Banking industry news
Karnataka Bank appoints Srikrislman Harihara Sarma as MD and CEO
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
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
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
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
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
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
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
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
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
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