Germany’s Commerzbank weighs domestic rival purchase to thwart UniCredit bid
Germany’s Commerzbank is looking to acquire a mid-sized German bank as a strategic move to prevent a potential takeover by…
Deal News
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Saudi fintech Lean Technologies lands $67.5m Series B funding
Riyad, Saudi Arabia-based fintech infrastructure platform Lean Technologies has raised $67.5m in a Series B financing round. The fundraise, led…
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Singapore’s DBS weighs stakes acquisitions in Malaysian banks
Singapore's largest lender DBS Group is considering acquiring stakes in local banks in Malaysia, reported Reuters citing two sources. This…
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MidFirst Bank closes purchase of Amerant Bank’s Texas operations
Oklahoma-based MidFirst Bank has finalised the acquisition of Amerant Bank’s banking operations and branches in the Houston, Texas metropolitan area,…
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American Plus Bank to buy United Fidelity Bank’s Long Beach branch
American Plus Bank has reached a definitive agreement to acquire the Long Beach, California, branch of United Fidelity Bank, currently…
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BNZ acquires New Zealand fintech BlinkPay
Bank of New Zealand (BNZ) has acquired BlinkPay, a New Zealand-based open banking fintech company. Financial terms of the deal…
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Australian Unity to transfer banking business to Bank Australia
Australian Unity has agreed to transfer its banking business, Australian Unity Bank, to mutual banking group Bank Australia for an…
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UniCredit acquires 90.1% stake in Alpha Bank Romania
UniCredit Group has closed the acquisition of 90.1% stake in Alpha Bank Romania, a Romanian business of Greece's Alpha Bank.…
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Bank of Ireland sells €800m UK loan portfolio to GoldenTree
US-based GoldenTree Asset Management has agreed to acquire a portfolio of UK consumer loans valued at approximately €800m ($871.24m) from…
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Barclays completes £600m acquisition of Tesco Bank
Barclays Bank UK has completed the acquisition of Tesco Bank's retail banking business for about at £600m ($775m). The agreement,…
