All articles by Surya Rao Akella
Surya Rao Akella
BancorpSouth Bank to acquire FNS Bancshares for $108m
BancorpSouth Bank, a Mississippi-based bank, has agreed to acquire FNS Bancshares, the parent company of FNB Bank (FNS), for $108.4m.…
CME Group, IHS Markit to form joint venture for post-trade services
CME Group, a derivatives marketplace and IHS Markit have agreed to form a joint venture (JV) to provide post-trade services…
NCR makes $1.7bn offer to acquire ATM operator Cardtronics
NCR, a technology provider for financial industry, has offered to acquire all the shares of non-bank ATM operator Cardtronics for…
Deutsche Bank to pay $130m fine to settle bribery and fraud charges in US
German banking giant Deutsche Bank has agreed to pay more than $130m fine imposed by the US authorities to resolve…
SaaS banking platform provider Mambu raises €110m in funding
Mambu, a SaaS-banking platform developer, has secured €110m in new funding round that values the company at more than €1.7bn.…
Silicon Valley Bank to acquire Boston Private for $900m
SVB Financial Group (SVB), the parent company of Silicon Valley Bank, has entered into an agreement to acquire Boston Private…
Intesa Sanpaolo to strengthen international network with new Sydney branch
Italian banking giant Intesa Sanpaolo announced that it has secured approval from local authorities in Sydney, Australia, to transform its…
Intesa Sanpaolo, TIM and Google Cloud sign final agreements on bank digitisation in Italy
Intesa Sanpaolo, TIM and Google Cloud have signed final agreements based on which the bank will migrate a substantial part…
Commerzbank to face €610m charges for planned job cuts
German banking giant Commerzbank has agreed to set aside an additional provisions of €610m for this year’s fourth quarter to cover…
XP acquires Brazilian financial advisory firm Riza M&A
XP, a technology-driven financial products and services provider in Brazil, has acquired Riza M&A, a São Paulo-based independent financial advisory…