All articles by Refna Tharayil
Refna Tharayil
Orrstown and Codorus Valley get regulatory approval for $207m merger deal
The American financial services companies have also received waivers from the board of governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities for their transaction
Deutsche Bank acquires majority of NORD/LB aircraft financing portfolio
The loans were acquired in a competitive bidding process, and are to a diverse range of lessors and airlines and secured by commercial passenger aircraft
NYCB acquires Signature Bank assets worth $37.8bn
The transaction mainly includes $24.9bn in cash and cash equivalents along with $11.7bn in loans and leases, net of the initial allowance for credit losses (ACL) for purchased credit deteriorated (PCD) loans
Doha Bank and Mastercard announce long-term strategic partnership to shape Qatar’s payments landscape
The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves its clients
EC clears UniCredit’s acquisition of Alpha Bank Romania
Cleared under the EU Merger Regulation, the transaction primarily pertains to a range of banking and financial services in Romania, including retail and corporate banking, financial market services, and other financial services
CBA unveils new Australian anti-scam sharing technology
Information sharing between participants will be increased in phases, with an initial focus on reducing the number of SMS phishing scams
National Bank of Canada to acquire Canadian Western Bank in $3.6bn deal
Under the terms of the definitive agreement, each share of Canadian Western Bank, excluding those held by National Bank of Canada, will be exchanged for 0.45 of a common share of the latter
Marsh McLennan’s Mercer to acquire Cardano
Founded in 2000, Cardano is a long-term savings specialist in the UK and the Netherlands, with approximately $66 billion in assets under management
Citi wraps up sale of onshore consumer wealth portfolio in China to HSBC
The American company has also completed the full migration of its onshore consumer wealth portfolio in the East Asian country to HSBC Bank China, including the transfer of over 300 employees
NatWest launches Cora+ latest generative AI upgrade to bank’s digital assistant
NatWest is to introduce the new version of Cora during London Tech Week and will be one the first banks in the UK to deploy generative AI through a digital assistant