All articles by Swagath Bandhakavi

Swagath Bandhakavi

Peoples Financial Services and FNCB Bancorp wrap up all-stock merger deal

Upon completion of integration, all branches of the combined entity will operate under the Peoples banner and the consolidated company will be traded under the ticker symbol PFIS on the Nasdaq Global Select Stock Market

UBS completes merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG

The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements

BTG Pactual to acquire privately held US bank M.Y. Safra Bank

Based in New York City, M.Y. Safra Bank operates as a federal savings bank, delivering financial products and solutions to personal, business, and private banking clients, with a notable presence in commercial and residential real estate lending

snappi receives banking licence from the European Central Bank

The licensing process was facilitated by snappi’s experienced team, working in strong collaboration with regulatory authorities

Peoples Financial Services, FNCB secure regulatory nod for merger deal

The merger is set to create a bank holding company with assets of around $5.5bn and a combined market capitalisation of nearly $444m

Shift4 acquires majority stake of German point-of-sale company Vectron Systems

Shift4 has acquired a majority stake in Vectron, which will provide Shift4 with ~65,000 POS locations across Europe, local product expertise, and a European distribution network of ~300 POS resellers