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Banking industry news
475 posts
J.C. Flowers & Co. acquires NPA portfolio from YES BANK
J.C. Flowers & Co. said that the J.C. Flowers Asset Reconstruction Company (ARC) has closed the acquisition of…
ICICI Bank rolls out digital solutions on single platform for exporters
ICICI Bank said that it has launched digital solutions, a set of banking and value-added services on a…
Farmers National Banc closes $105m acquisition of Emclaire Financial
Farmers National Banc Corp., an Ohio-based bank holding company, has closed the previously announced $105 million acquisition of…
Twig acquires teen banking company Vybe Technologies to serve Gen Z market
Twig has acquired Vybe Technologies, a teen banking services provider in the UK, in a move to increase…
Wipro, Finastra to drive digital transformation for Middle East banks
Wipro has entered into a partnership with fintech company Finastra for driving digital transformation in the Middle East…
NBT Bancorp to acquire Nasdaq-listed rival Salisbury Bancorp for $204m
NBT Bancorp has agreed to acquire rival Nasdaq-listed rival bank holding company Salisbury Bancorp in an all-stock deal…
Crédit Agricole sells 63.7% stake in Crédit du Maroc to Holmarcom
French banking group Crédit Agricole said that it effectively divested the first tranche of 63.7% of the stake…
ICICI Bank partners with TCS to launch iLens digital lending solution
ICICI Bank has partnered with Tata Consultancy Services (TCS) to launch a digital lending solution called — iLens,…
Eurobank to increase stake in Hellenic Bank to 26% in €70m deal
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings (Eurobank Holdings), has agreed to acquire a 13.41%…
U.S. Bancorp closes $8bn acquisition of MUFG Union Bank
U.S. Bancorp has wrapped up the previously announced $8 billion acquisition of the core regional banking franchise of…