VersaBank (TSX: VBNK) (NASDAQ: VBNK), a pioneer in digital banking and cybersecurity solutions, has received a crucial nod from the U.S. Federal Reserve for its $13.5 million acquisition of Stearns Bank Holdingford, a move set to significantly expand its operations in the United States. This approval marks a major step in the acquisition process, requiring […]
In a landmark development for the UK financial services sector, Nationwide Building Society (“Nationwide”) and Virgin Money UK PLC (“Virgin Money”) have announced a definitive agreement under which Nationwide will acquire the entire issued and to be issued share capital of Virgin Money. The cash transaction is valued at approximately £2.9 billion, reflecting a significant […]
