All articles by Refna Tharayil
Refna Tharayil
Finovifi expands market reach with acquisition of Modern Banking Systems of Alabama
Under Finovifi’s stewardship, the brand will evolve to meet the dynamic needs of today’s financial institutions
Santander posts 11% increase in Q4 2024 profit to €3.26bn
The Spanish banking group’s total income rose by 10% to €16bn during the quarter
Atlantic Union and Sandy Spring announce receipt of all shareholder and bank regulatory approvals to complete merger
The merger is expected to close on April 1, 2025, subject to the satisfaction or waiver of customary closing conditions
BNP Paribas’ Q4 2024 net income increases by 15.7% to €2.3bn
The French bank’s total revenues amounted to €12.1bn in the reported quarter that ended 31 December 2024
United Fintech acquires CBA with backing from leading global banks
United Fintech and CBA share a common goal: providing banks with scalable, cutting-edge technology
German American wraps up merger with Heartland BancCorp
Each Heartland BancCorp shareholder of record at closing receives 3.9 shares of German American common stock for each share of Heartland common stock
ACNB announces completion of Traditions Bancorp acquisition
Traditions was merged with and into a wholly-owned subsidiary of ACNB Corporation immediately followed by the merger of Traditions Bank with and into ACNB Bank
UMB Financial wraps up $2bn acquisition of Heartland Financial USA
The deal increases UMB Financial’s private wealth management assets under management and administration by 32% and significantly enhances its retail deposit base
Upbound group closes acquisition of Brigit
The combined company has significantly greater scale, currently serving approximately four million active customers, including Brigit’s over one million active paying subscribers and almost one million free subscribers
Deutsche Bank reports net profit of €337m for Q4 2024, down 76% YoY
The decline was primarily driven by non-tax-deductible litigation items during the quarter and the absence of a €1bn DTA valuation adjustment that had boosted the prior year’s results