Tag: Banking industry news
Wayne Savings Bancshares and Main Street Financial Services announce merger approval
Wayne Savings Bancshares, Inc. (OTCQX: WAYN) and Main Street Financial Services Corp. (OTCPK: MSWV), in a landmark announcement, have received the green light from the ... Read More
Third Coast Bancshares, Inc. announces strategic charter conversion
Third Coast Bancshares, Inc. (NASDAQ: TCBX), the parent company of Third Coast Bank, has announced the successful conversion of its charter from a Texas state ... Read More
Wipro and Desjardins forge strategic partnership to revolutionize credit solutions
In a significant development poised to transform the landscape of credit solutions, Wipro Limited, a front-runner in technology services and consulting, has announced its selection ... Read More
New York Community Bancorp receives over $1bn investment from major firms
In a significant financial maneuver, New York Community Bancorp, Inc. (NYSE: NYCB), parent company of Flagstar Bank, N.A., has announced an over $1 billion investment ... Read More
Simmons Bank opens new Dallas-Fort Worth financial center
Simmons Bank, a key player in the financial sector, recently marked a significant milestone with the grand opening of its latest financial center in the ... Read More
Paytm Payments Bank announces major reconstitution of board of directors
In a significant move towards enhancing its governance and operational standards, Paytm Payments Bank Limited (PPBL), an associate entity of One 97 Communications Limited (OCL), ... Read More
Unlocking digital transformation: IBM partners with FABMisr for banking revolution
In a significant move that sets new benchmarks in the banking industry, IBM has entered into a long-term collaboration with FABMisr, one of Egypt's leading ... Read More
Intellect Design Arena launches eMACH.ai suite for Middle East and Africa’s tech-savvy bankers
Intellect Design Arena Ltd, a leading cloud-native, future-ready multi-product financial technology company catering to the world’s top banking and insurance clients, has officially announced the ... Read More
Jana Small Finance Bank achieves remarkable profit and AUM growth amidst economic recovery
In a significant financial update, Bengaluru-based Jana Small Finance Bank Limited has reported its highest ever profit after tax (PAT) for the nine months ending ... Read More
Bank of Georgia Group to acquire Ameriabank CJSC for $303.6m to expand reach
Bank of Georgia Group PLC ("BOGG") has officially announced its plan to acquire 100% of Ameriabank CJSC, a leading Armenian bank, for approximately $303.6 million. ... Read More