All articles by Refna Tharayil
Refna Tharayil
First Financial Northwest announces receipt of shareholder approval for transaction with Global Credit Union
First Financial Northwest, Inc. is the parent company of First Financial Northwest Bank
Lloyds Bank taps Oaktree to support UK middle-market financings
Through the partnership, Lloyds Bank and Oaktree Capital will offer a senior debt solution for new buyouts and refinancings, including term debt, acquisition and working capital facilities, along with agency and full ancillary product services
Mastercard and Premier Bank collaborate to expand digital payment capabilities for Somali businesses
New Premier Payment Gateway enables international online transactions, boosting e-commerce and economic growth in Somalia
Slope raises $65m for AI-powered B2B payments platform
The fintech company offers order-to-cash automation using AI tools that enhance checkout, assess customer and vendor risks, provide embedded short-term financing, and streamline payment reconciliation
Carlyle and KKR to acquire $10.1bn prime student loan portfolio from Discover Financial Services
Carlyle’s investment in the portfolio was led by its Credit Strategic Solutions (“CSS”) team, a group within its Global Credit business focused on asset-backed investments
Morgan Stanley’s Q2 2024 net income increases by 41% to $3.1bn
The American investment bank and financial services company’s net revenue for the reported quarter was $15bn, an 11.6% growth from the net revenues of $13.45bn made in Q2 2023
Kinective acquires Nexus Software
This strategic acquisition boosts Kinective’s position as a market leader in banking software, driving transformation in retail operations while creating new avenues for international market expansion
Goldman Sachs Q2 2024 net earnings surge 150% to $3bn
The net revenues of the US investment banking group were $12.73bn, a 16.8% growth from the net revenues of $10.89bn reported in Q2 2023
Eastern Bankshares announces successful merger with Cambridge Bancorp
The all-stock transaction was originally announced on September 19, 2023
Citigroup’s Q2 2024 net income increases by 10% to $3.2bn
The American investment bank and financial services company’s revenues in Q2 2024 were up by 3.6% to $20.1bn compared to $19.4bn in the prior-year period