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Banking industry news
475 posts
State Bank of India raises Rs 100bn through infrastructure bond issuance
State Bank of India (SBI) said that it has raised INR 10,000 crores by issuing its first-ever infrastructure…
US bank holding firms Inland Bancorp, Byline Bancorp sign merger deal
US-based Inland Bancorp and its fully-owned subsidiary Inland Bank and Trust will merge with Chicago-headquartered Byline Bancorp in…
HSBC to divest HSBC Canada to Royal Bank of Canada for $10bn
HSBC Holdings, through its wholly-owned subsidiary HSBC Overseas Holdings (UK), has agreed to sell HSBC Canada to the…
First Community Bankshares to acquire North Carolina-based Surrey Bancorp
Virginia-based First Community Bankshares has agreed to acquire Surrey Bancorp, a bank holding company in North Carolina and…
IndusInd Bank to offer banking services in Uttarakhand’s Nyaya panchayats
IndusInd Bank said that it has entered into a partnership with the Department of Panchayati Raj, Government of…
Washington Federal to acquire Luther Burbank in $654m deal
Seattle-based Washington Federal, the holding company for Washington Federal Bank, has agreed to acquire California-based Luther Burbank and…
Aurionpro Solutions launches digital engagement platform AuroDigi for banks
Aurionpro Solutions said that it has launched a digital banking solution called AuroDigi designed for facilitating seamless wholesale…
Worldline to acquire merchant acquiring activities of Banco Desio
Worldline, through the Worldline MS Italy joint venture, has agreed to acquire merchant acquiring activities of Banco Desio,…
Citi to sell Russian personal installment loans business to Uralsib
Citigroup (Citi) said that its Russian subsidiary — AO Citibank has signed a deal to divest a portfolio…
Republic Bancorp to acquire Commercial Industrial Finance owner CBank
US-based Republic Bancorp, the holding company of Republic Bank & Trust (Republic Bank), has agreed to acquire CBank…