All articles by Swagath Bandhakavi
Swagath Bandhakavi
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
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