Tag: Banking acquisition news
Banc of California completes merger with PacWest Bancorp, transforming into a business banking powerhouse
Banc of California, Inc. has successfully completed its transformative merger with PacWest Bancorp, combining two significant financial entities. The merger has resulted in the creation ... Read More
First Busey Corporation to acquire Merchants and Manufacturers Bank in $42m deal
First Busey Corporation (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (M&M), the holding company for Merchants & Manufacturers Bank ... Read More
Eurobank finalizes sale of Serbian subsidiary to AIK Banka, boosts CET1 ratio
Eurobank S.A., under its parent company Eurobank Ergasias Services and Holdings S.A., has officially concluded the sale of Eurobank Direktna, its Serbian subsidiary, to AIK ... Read More
GBank Financial explores merger with BankCard Services amid growing fintech influence
GBank, operating under GBank Financial Holdings Inc. (OTCQX: GBFH), with assets totaling approximately $729.3 million as of September 30, 2023, announced its Board's initiative to ... Read More
Deutsche Bank seals the deal: Acquires Numis to unveil ‘Deutsche Numis’ in UK investment banking sector
Deutsche Bank AG, a major player in the international banking arena, has triumphantly concluded its acquisition of the prestigious Numis Corporation Plc. With an intent ... Read More
Safra National Bank marks new era with Delta North Bankcorp acquisition
Safra New York Corporation, which oversees Safra National Bank of New York, has consummated its acquisition of Delta North Bankcorp and its subsidiary, Delta National ... Read More
NexTier to acquire Mars Bancorp to create $2.6bn Western PA community bank powerhouse
NexTier, Inc., the holding company of NexTier Bank, N.A., has agreed to acquire Mars Bancorp, Inc., the holding company of Mars Bank, in a significant ... Read More
Burke & Herbert, Summit Financial to merge in $371.5m all-stock deal
Burke & Herbert Financial Services Corp. ("Burke & Herbert") (Nasdaq: BHRB) and Summit Financial Group, Inc. ("Summit") (Nasdaq: SMMF) have made headlines by announcing a ... Read More
Savile Capital Group to acquire Farmers State Bankshares and Wyoming Bank & Trust
Wyoming-based Savile Capital Group has signed a stock purchase agreement with Farmers State Bankshares, Inc., the parent company of Wyoming Bank & Trust, for an ... Read More
California business banking to benefit from Banc of California, PacWest Bancorp merger
Banc of California, Inc. and PacWest Bancorp have entered into a definitive agreement to merge in an all-stock deal. Both boards unanimously approved the agreement, ... Read More