All articles by Refna Tharayil
Refna Tharayil
BBVA completes migration of data platform ADA to AWS cloud
The migration process involved transitioning tens of thousands of processes and thousands of users to the cloud
First Busey and CrossFirst Bankshares shareholders approve $917m merger
Following the merger, First Busey shareholders will own approximately 63.5% of the combined company, while CrossFirst Bankshares shareholders will hold the remaining 36.5%
Hanscom Federal Credit Union to acquire Peoples Bank in all-cash deal
The common stock of Peoples Bancorp will no longer be publicly listed following the deal’s closure
Delaware approves Capital One’s $35.3bn acquisition of Discover Financial Services
The deal, which was announced in February 2024, is still subject to other closing conditions, including approval by the shareholders of both companies, as well as the Federal Reserve Board and the Office of the Comptroller of the Currency
ACNB and Traditions Bancorp announce receipt of shareholder approvals for acquisition
At a special meeting of shareholders held on December 18, 2024, ACNB shareholders approved the issuance of shares of ACNB common stock to Traditions shareholders as part of the acquisition pursuant to an Agreement and Plan of Reorganization dated July 23, 2024
First Commonwealth to acquire CenterGroup Financial in $54.6m deal
The merger will add around $348.4m in total assets, three branch locations, a loan production office, and a mortgage office to First Commonwealth’s operations in Cincinnati, Ohio
Mastercard and Dgpays partner to accelerate digital payment innovation in region
As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets across the region
Northwest Bancshares to acquire Penns Woods in $270.4m deal
Post-merger, the combined US-based bank holding company is projected to have pro forma total assets exceeding $17bn
Australian Mutual Bank and Teachers Mutual Bank explore merger to bring two trusted mutuals together
The merged bank will maintain its 13 branches across the ACT, New South Wales, Victoria, and Western Australia
Berkshire Hills and Brookline Bancorp to merge in $1.1bn all-stock deal
The merger is set to create a $24bn financial institution operating across five states, with enhanced lending capacity and greater investment in client services