All articles by Refna Tharayil
Refna Tharayil
Huntington adds corporate mortgage finance business to commercial banking
Huntington also provides capital markets, fund finance and other products and services to companies that are part of the mortgage ecosystem
ConnectOne to merge with First of Long Island in $284m deal
The combined entity, which will operate under the ConnectOne Bancorp brand, is expected to achieve significant scale, with assets totalling $14bn and a market capitalisation exceeding $1.2bn
European Central Bank gives green light to BBVA – Banco Sabadell operation
The green light from the European regulator represents “a new, and very significant milestone that also demonstrates the soundness and solvency of this undertaking,” said BBVA Chair Carlos Torres Vila
Paylocity to buy spend management software solution provider Airbase for $325m
The combination will help Paylocity consolidate payroll and non-payroll spend management, offering real-time visibility, accelerating financial closing processes, improving planning, and strengthening financial controls
Lloyds Bank partners with Cleareye.ai to provide cutting-edge trade finance tech solutions
The AI-powered technology will also conduct automated examinations of documents – in line with the International Chamber of Commerce Rules for Documentary Credits and Collections – as well as critical compliance checks, including trade-based money laundering (TBML) checks
BBVA secures UK regulatory approval for control of Banco Sabadell’s TSB unit
The authorisation is one of the key requirements needed to complete BBVA’s previously announced €12bn bid for Banco Sabadell
Versabank closes U.S. Bank acquisition
SBH is a national bank chartered under the laws of the United States and regulated by the national Office of the Comptroller of the Currency
GoCardless wraps up acquisition of Nuapay from EML Payments
The transaction will considerably scale GoCardless’ indirect channel proposition and expedite the launch of new capabilities to allow customers to send and collect money through GoCardless
Oma Savings Bank completes acquisition as planned of Handelsbanken’s SME enterprise operations in Finland
As part of the acquisition of the SME enterprise operations, personal banking services for entrepreneurs, excluding asset management and investment services, were also transferred to OmaSp
Goldman Sachs to cut hundreds of jobs in annual review process
The layoffs, which will target underperformers across the bank, are expected to start in the next few weeks