Bank of Georgia Group to acquire Ameriabank CJSC for $303.6m to expand reach

Pallavi Madhiraju- February 20, 2024 0

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

Capital One Financial signs $35.3bn deal to acquire Discover Financial Services

Pallavi Madhiraju- February 20, 2024 0

In a transformative move within the financial sector, Capital One Financial Corporation (NYSE: COF) has announced its definitive agreement to acquire Discover Financial Services (NYSE: ... Read More

NatWest Group plc delivers above-target financial results for 2023

Pallavi Madhiraju- February 19, 2024 0

In a robust financial update, NatWest Group plc has announced a significant full year attributable profit of £4.4 billion for the year ended 31 December ... Read More

Paytm ensures operational fluidity beyond March 2024 with strategic banking transition

Pallavi Madhiraju- February 16, 2024 0

In a significant announcement for the digital payments landscape in India, the Reserve Bank of India (RBI) has confirmed that Paytm's QR, Soundbox, and Card ... Read More

Hometown Financial Group to expand with North Shore Bancorp merger

Pallavi Madhiraju- February 16, 2024 0

In a significant move within the banking sector, Hometown Financial Group, Inc., the esteemed holding company for bankESB, bankHometown, and Abington Bank, has entered into ... Read More

Tesco to sell banking operations to Barclays to enhance customer offerings

Pallavi Madhiraju- February 9, 2024 0

Tesco, a dominant force in the UK's retail landscape, has entered into a definitive long-term strategic partnership with Barclays, a leading name in UK banking. ... Read More

Dynacons secures Rs 214cr deal with Union Bank of India for private cloud expansion

Pallavi Madhiraju- February 6, 2024 0

Dynacons announced its major win - a Rs. 214 Crores order from Union Bank of India for the expansion of the bank's On-Premises Private Cloud. ... Read More

Jefferies Financial to sell OpNet to Wind Tre for €485m to advance investment banking focus

Pallavi Madhiraju- February 5, 2024 0

Jefferies Financial Group Inc. (NYSE: JEF), in line with its vision to become the premier independent global Investment Banking and Capital Markets firm, has entered ... Read More

Bank of India reports stellar growth in Q3 FY24, net profit soars by 62%

Pallavi Madhiraju- February 4, 2024 0

Bank of India, one of the country's foremost banking institutions, has released its financial performance for the third quarter ending December 31, 2023. The un-audited ... Read More

Dhanlaxmi Bank demonstrates robust financial health and expansion in FY 2023-24

Pallavi Madhiraju- February 4, 2024 0

Dhanlaxmi Bank Limited, based in Thrissur, Kerala, has announced a significant upswing in its financial performance for the quarter and nine months ending December 31, ... Read More