All articles by Satarupa Bhowmik
Satarupa Bhowmik
Cofece approves BBVA’s acquisition of Sabadell’s Mexican units
The merger will form a lender with over 100 million customers and assets surpassing €1tn.
Delaware regulator clears Capital One’s $35.3bn Discover acquisition
Upon completion, the deal is expected to create the sixth largest bank in the US by assets.
Banca Transilvania, OTP Bank Romania to complete integration in February 2025
Banca Transilvania has initiated the distribution of over 320,000 new bank cards to OTP Bank Romania customers.
Community Bank of Louisiana partners with Q2 for digital transformation
The bank will utilise Q2 Sentinel, Q2’s Innovation Studio, ClickSWITCH, Positive Pay, Centrix, and other Q2 products.
Germany opposes UniCredit’s move to raise Commerzbank stake
UniCredit is seeking regulatory approval to further increase its stake in Commerzbank to up to 29.9%.
Northwest signs $270.4m deal to acquire Penns Woods
The combined company is expected to hold total assets of more than $17bn.
Compliance concerns in US banking ease in 2024 though still high
The 2024 Indicator Main Score reduced from 119 in 2023 to 99 in 2024, due to fewer major regulatory changes in 2023.
Berkshire Hills and Brookline Bancorp seal $1.1bn merger deal
Berkshire shareholders and Brookline shareholders will own about 51% and 45% of the combined entity, respectively.
Digital bank Tyme gains unicorn status with $250m Series D raise
The oversubscribed round was led by Brazilian neobank Nubank, which contributed $150m.
Cognizant powers digital transformation of Australia’s Beyond Bank
The tie-up will help modernise the bank’s IT infrastructure and strengthen vendor assurance frameworks.