Banc of California completes merger with PacWest Bancorp, transforming into a business banking powerhouse

Pallavi Madhiraju- December 1, 2023 0

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

Pallavi Madhiraju- November 28, 2023 0

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

Santander Bank launches Essential Checking for streamlined banking experience

Pallavi Madhiraju- November 19, 2023 0

Santander Bank, N.A., in its latest move to enhance consumer banking, has announced the launch of Santander Essential Checking. This new account is designed to ... Read More

AGS Transact Technologies wins Rs 1,100cr order from SBI for ATM deployment

Pallavi Madhiraju- November 17, 2023 0

AGS Transact Technologies Limited, a leading provider of integrated omni-channel payment solutions in India, has announced a significant order win worth INR 1,100 crore over ... Read More

AMP announces new digital bank division targeting sole traders and small businesses

Pallavi Madhiraju- November 16, 2023 0

Australian financial services giant AMP has announced its next strategic phase in banking, focusing on launching a new digital bank division. This innovative move targets ... Read More

Dhanlaxmi Bank posts record high Rs 51.4cr net profit in H1 FY 2023-24

Pallavi Madhiraju- November 9, 2023 0

In a remarkable fiscal performance, Dhanlaxmi Bank has declared a soaring net profit of Rs. 51.46 crore for the first half of the financial year ... Read More

Eurobank finalizes sale of Serbian subsidiary to AIK Banka, boosts CET1 ratio

Pallavi Madhiraju- November 5, 2023 0

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

Bank of India reports surge in Q2FY24 profits: A comprehensive analysis

Pallavi Madhiraju- November 4, 2023 0

Bank of India has announced a significant increase in net profits, reporting a 52% year-over-year growth, amounting to Rs. 1,458 crore in the second quarter ... Read More

Karnataka Bank reports significant profit jump in half-yearly financial results

Pallavi Madhiraju- November 3, 2023 0

Karnataka Bank has declared a robust half-yearly net profit of Rs 700.96 crore, marking a 33.31% year-on-year increase. This notable rise in profits is up ... Read More

GBank Financial explores merger with BankCard Services amid growing fintech influence

Pallavi Madhiraju- November 2, 2023 0

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