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Banking industry news
475 posts
Emclaire Financial gets shareholders’ approval for merger with Farmers National Banc
Emclaire Financial Corp., a Pennsylvania-based bank holding company, has secured shareholder approval for the previously announced $105 million…
Nucleus Software to deploy FinnOne Neo platform for PVcomBank
Nucleus Software Exports and CMC-TS have signed an agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) for digitally…
Citigroup Q2 2022 net income down by 27% to $4.5bn
Citigroup Q2 2022 results : Citigroup has reported a net income of $4.5 billion for the second quarter…
DCB Bank opens first branch in Amravati, Maharashtra
DCB Bank, an Indian private sector bank, has opened its first branch in Amravati in the Vidarbha region…
Axis Bank allots 8,954 equity shares under ESOP scheme on July 12, 2022
Axis Bank has allotted 8,954 equity shares under its ESOP scheme, raising paid-up share capital to INR 6.1429 billion. Read the full details here.
HDFC Bank allots 7.48 lakh equity shares under ESOP; paid-up capital crosses Rs 5,555cr
HDFC Bank has allotted 7,48,200 equity shares under its ESOP scheme, pushing its paid-up capital to â‚ą5,555 crore. Find out what this means for shareholders.
First Bancshares closes in to wrap up $117m acquisition of Beach Bancorp
The First Bancshares said that it has secured all the necessary regulatory approvals for closing the previously announced…
Fulton Financial wraps up $142m acquisition of Prudential Bancorp
Fulton Financial Corporation has completed the previously announced $142.1 million acquisition of Prudential Bancorp, a Philadelphia-based bank holding…
Civista Bancshares closes $50.2m acquisition of Ohio rival Comunibanc
Civista Bancshares, the parent company of Civista Bank, has wrapped up the previously announced $50.2 million acquisition of…
Axis Bank increases paid-up capital with allotment of 14,654 equity shares under ESOP scheme
Axis Bank allots 14,654 equity shares under its ESOP scheme, increasing paid-up share capital to INR 614.29 crore. Find out how ESOPs shape employee retention in Indian banking.