All articles by Refna Tharayil
Refna Tharayil
CFPB orders TD Bank to pay $28m for breakdowns that illegally tarnished consumer credit reports
The information included systemic errors about credit card delinquencies and bankruptcies
Camden National to acquire Northway Financial in $87m deal
The enlarged entity will have 74 branches across a contiguous footprint in New Hampshire and Maine, with nearly $7bn in assets, $5.1bn in loans, $5.5bn in deposits, and $2bn of AUA
Globant acquires Blankfactor to strengthen payments, banking, and capital markets practice in US
The company specializes in delivering consulting-led product engineering, data engineering, and enterprise AI solutions
NBT Bancorp to merge with Evans Bancorp in $236m deal
Through the merger with Evans Bancorp, NBT Bancorp aims to expand its growing footprint to Western New York
PayPal partners with Shopify to power portion of Shopify Payments in US
PayPal will become an additional provider for processing online credit and debit card transactions for Shopify Payments in the US
US FERC approves BlackRock’s $12.5bn acquisition of GIP
Through the transaction, BlackRock and GIP aim to create a multi-asset class infrastructure investing platform with combined client AUM of more than $150bn across equity, debt, and solutions
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