Tag: Banking industry news
Wintrust Financial to acquire Macatawa Bank Corporation in $510.3m deal
Wintrust Financial Corporation (Nasdaq: WTFC) is set to acquire Macatawa Bank Corporation (Nasdaq: MCBC) in an all-stock transaction valued at approximately $510.3 million, or $14.85 ... Read More
HSBC to sell Argentine business to Grupo Financiero Galicia for $550m
HSBC Latin America B.V., a subsidiary of HSBC Holdings plc, has finalized the sale of its Argentine operations to Grupo Financiero Galicia, marking a significant ... Read More
Prosperity Bancshares completes merger with Lone Star State Bancshares to enhance West Texas presence
In a significant development in the banking sector, Prosperity Bancshares, Inc. (NYSE: PB), the esteemed parent company of Prosperity Bank, announced the successful completion of ... Read More
Atlantic Union Bankshares wraps up merger with American National Bankshares
In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National ... Read More
Capital Bancorp to acquire Integrated Financial Holdings to bolster commercial loan and government lending services
Capital Bancorp, Inc. ("CBNK"), a notable entity in the financial services sector, headquartered in Rockville, Maryland, and Integrated Financial Holdings, Inc. (“IFH”), based in Raleigh, ... Read More
Peoples Financial Services and FNCB Bancorp shareholders approve merger
In a landmark decision, shareholders of Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) have given their nod to ... Read More
Danske Bank embraces cloud technology with Amazon Web Services partnership
Danske Bank has officially entered into a significant multiyear agreement with Amazon Web Services (AWS), marking a pivotal step in its digital transformation journey. This ... Read More
Bank of America unifies digital banking experience with major mobile app update
Bank of America has launched a significant update to its mobile application, marking a pivotal shift in the way clients manage their finances digitally. In ... Read More
SBI Card and Titan Company Limited launch exclusive Titan SBI Credit Card
In an exciting development for Indian consumers, SBI Card, the country's leading pure-play credit card issuer, has joined forces with Titan Company Limited, a titan ... Read More
Fidelity Bank launches new digital banking platform ANDI with Helix by Q2
In a significant stride towards digital transformation in the banking industry, Fidelity Bank, a stalwart Louisiana-based institution founded in 1908, has unveiled its latest innovation ... Read More