All articles by Swagath Bandhakavi
Swagath Bandhakavi
Central Bank of Kenya authorises JPMorgan Chase to open representative office
The JPMorgan Chase Bank N.A Representative Office Kenya will contribute to the diversity of Kenya’s financial sector and catalyse trade and investments
Safaricom and Mastercard partner to expand remittances and payment acceptance to over 636,000 merchants in Kenya
By embedding Mastercard’s omnichannel acceptance solutions across M-PESA’s merchant space, the partnership is scaling digital payments across Kenya
Bridgewater Bancshares announces strategic acquisition of First Minnetonka City Bank
At the closing of the transaction, First Minnetonka City Bank will merge with and into Bridgewater Bank
Surety Bank chooses Apiture digital banking platform to power online and mobile banking
Apiture solutions will deliver advanced security, operational efficiency, and a seamless customer experience
PCB Financial Merges with Northern California Bancorp and its Monterey County Bank
Merger will infuse capital into Monterey County Bank to expand offerings and capabilities to local businesses
ClearBank secures Dutch banking licence and expands to Europe
The company is now set to provide clearing and embedded banking services across Europe to UK and European institutions
First National receives regulatory nod for acquisition of Touchstone Bankshares
As of 31 March 2024, the combined entity is expected to hold assets totalling around $2.1bn, with $1.8bn in deposits and $1.5bn in loans
Houlihan Lokey to acquire Waller Helms Advisors
Acquisition substantially enhances firm’s coverage capabilities in insurance and wealth management sectors, doubling size of financial services group
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