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Banking industry news
475 posts
Axis Bank announces 160% surge in profit after tax for FY24
Axis Bank Limited, a major player in the Indian banking sector, has reported a remarkable financial performance for…
Burke & Herbert Financial Services and Summit Financial Group inch towards closing merger deal
Burke & Herbert Financial Services Corp. (Nasdaq: BHRB) and Summit Financial Group, Inc. (Nasdaq: SMMF) announced they have…
Coventry Building Society proposes £780m acquisition of Co-operative Bank
Coventry Building Society, a prominent financial institution based in England, has announced its intention to acquire British banking…
First Federal Bank to acquire Watson Mortgage Corp. to enhance customer service and expand operations
First Federal Bank has announced its acquisition of Watson Mortgage Corp., a move that is poised to significantly…
Wintrust Financial to acquire Macatawa Bank Corporation in $510.3m deal
Wintrust Financial Corporation (Nasdaq: WTFC) is set to acquire Macatawa Bank Corporation (Nasdaq: MCBC) in an all-stock transaction…
HSBC to sell Argentine business to Grupo Financiero Galicia for $550m
HSBC Latin America B.V., a subsidiary of HSBC Holdings plc, has finalized the sale of its Argentine operations…
Prosperity Bancshares completes merger with Lone Star State Bancshares to enhance West Texas presence
In a significant development in the banking sector, Prosperity Bancshares, Inc. (NYSE: PB), the esteemed parent company of…
Atlantic Union Bankshares wraps up merger with American National Bankshares
In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has…
Capital Bancorp to acquire Integrated Financial Holdings to bolster commercial loan and government lending services
Capital Bancorp, Inc. (“CBNK”), a notable entity in the financial services sector, headquartered in Rockville, Maryland, and Integrated…
Peoples Financial Services and FNCB Bancorp shareholders approve merger
In a landmark decision, shareholders of Peoples Financial Services Corp. (“Peoples”) (Nasdaq: PFIS) and FNCB Bancorp, Inc. (“FNCB”)…