merger

Santa Cruz County Bank and Lighthouse Bank finalise merger

Santa Cruz County Bank, a California-based community lender, has wrapped up the previously announced merger with Lighthouse Bank. The all-stock…

Central Bank of Kenya approves merger of NIC and CBA

The Central Bank of Kenya (CBK) has granted permission for the proposed merger of NIC Group (NIC) and Commercial Bank…

Indian government to invest $557m in Dena Bank prior to merger

The Government of India is set to recapitalise the public sector lender Dena Bank with INR41bn ($556.83m) capital infusion prior…

Indian parliament passes SBI merger bill

Indian parliament has passed the bill involving the merger of six State Bank of India (SBI) subsidiaries with the parent…

KFH to explore potential merger with Bahrain’s AUB

Islamic bank Kuwait Finance House (KFH) has started the process to explore the possibility of a potential merger with Bahrain’s…

Skyline National Bank wraps up Great State Bank acquisition

Parkway Acquisition, the bank-holding company of Skyline National Bank, has closed the previously announced acquisition of Great State Bank in…

Parkway and Great State Bank’s shareholders approve merger

Parkway Acquisition, the parent company of Skyline National Bank, and Great State Bank have announced that their shareholders have voted…

UniCredit contemplating merger with Societe Generale – report

Italian banking giant UniCredit is planning a merger with its French rival Societe Generale (SocGen), the Financial Times reported. Sources…

Deutsche Bank launches new private and commercial banking subsidiary

Deutsche Bank has launched a new legal entity called DB Privat- und Firmenkundenbank, created through the merger of its private…

Saudi Arabian banks SABB and Alawwal agree on nearly $5bn merger deal

Saudi British Bank (SABB) and Alawwal Bank have agreed to a preliminary and non-binding deal to merge their activities through…