Tag archive for ‘Banking industry news’
By businessnewstoday On Sunday, March 15th, 2020

Provident Financial Services, SB One Bancorp sign $209m merger deal

(adsbygoogle = window.adsbygoogle || []).push({}); Provident Financial Services, the parent company of Provident Bank, has signed an all-stock deal worth around $208.9 million with SB One Bancorp, More...

By businessnewstoday On Saturday, March 14th, 2020

Banco Santander acquires 50.1% stake in Spanish fintech company Mercury TFS

Banco Santander has expanded its global trade platform for companies by acquiring a 50.1% stake in Spanish fintech company Mercury Trade Finance Solutions (Mercury TFS) for €30 million. Mercury TFS is a trade More...

By businessnewstoday On Thursday, March 5th, 2020

Barclays job cuts 2020 : Over 1,000 employees to lose jobs across the UK

Barclays job cuts 2020 : More than 1,000 employees are set to lose their jobs at British banking giant Barclays with a major processing center in Leeds to take most of the brunt owing to its permanent closure. Unite More...

By businessnewstoday On Thursday, March 5th, 2020

Oregon Pacific Bank Medford branch to open to serve Jackson County, OR

Oregon Pacific Bank Medford branch opening news: Oregon Pacific Bank (ORPB) has officially opened its new branch in Medford, Oregon, which will mainly focus on offering relationship-based banking services to local More...

By businessnewstoday On Wednesday, February 12th, 2020

Wings Financial to acquire Minnesota-based Neighborhood National Bank

Wings Financial Credit Union has agreed to acquire Neighborhood National Bank and its six branches located in Minnesota for an undisclosed price. Also based in Minnesota, Wings Financial Credit Union will add the More...

By Soujanya Ravi On Saturday, February 8th, 2020

CenterState, South State merger to create $6bn bank in US Southeast

CenterState, South State merger : CenterState Bank’s parent company CenterState Bank Corporation and South State Bank’s holding company South State Corporation have signed an all-stock merger of equals deal More...

By businessnewstoday On Monday, February 3rd, 2020

Pacific Premier to acquire California-chartered commercial bank Opus Bank

Pacific Premier acquisition of Opus Bank : California-based Pacific Premier Bancorp, the holding company of Pacific Premier Bank, has signed an all-stock deal worth around $1.0 billion to acquire Opus Bank as per More...

By Soujanya Ravi On Sunday, January 5th, 2020

United Bankshares to buy rival bank holding firm Carolina Financial

United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom More...

By businessnewstoday On Saturday, October 26th, 2019

AXA to sell AXA Bank Belgium to Crelan Bank for €620m

French insurance giant AXA has signed a €620 million deal to sell AXA Bank Belgium, its Belgian banking operations, to Crelan Bank, a Belgium-based cooperative bank. The sale of AXA Bank Belgium is another major More...

By businessnewstoday On Tuesday, October 22nd, 2019

Santander to sell Puerto Rico banking business to FirstBank Puerto Rico

Spanish banking giant Banco Santander has signed a deal to divest its retail and commercial banking franchise in Puerto Rico – Banco Santander Puerto Rico to First BanCorp, the bank holding company of FirstBank More...