Citizens Financial Group closes acquisition of Investors Bancorp

By NS Banking Staff Writer

08 Apr 22

The acquisition of Investors Bancorp, along with the recently closed acquisition of HSBC’s East Coast branches, will help…

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Citi to divest consumer business in Bahrain to Ahli United Bank

By NS Banking Staff Writer

05 Apr 22

Under the agreement, Citi will divest its retail banking, credit card, and unsecured lending businesses in Bahrain, and…

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India’s HDFC Bank to merge with housing finance provider HDFC

By NS Banking Staff Writer

04 Apr 22

HDFC Bank will merge with HDFC following the union of its subsidiaries HDFC Holdings and HDFC Investments, subject…

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Axis Bank to buy Citibank’s consumer business in India for $1.6bn

By NS Banking Staff Writer

31 Mar 22

Upon closing of the deal, around 3,600 employees working at Citi’s consumer business in India will be transitioned…

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Chase Launches New Saver Account With Market-Leading 1.5% Rate

By NS Banking Staff Writer

29 Mar 22

Savers can deposit up to £250,000 with no penalties for accessing their money and no other caps on…

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Farmers Bank to merge with Emlenton Bank in $105m deal

By NS Banking Staff Writer

25 Mar 22

Emclaire had $1.1bn in total assets, $72.4m in tangible common equity, $790.9m in gross loans and $918.5m in…

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UK’s Lloyds Bank Group to shut down 60 additional branches

By NS Banking Staff Writer

24 Mar 22

The bank intends to reduce its physical branch network in response to the growing customer preference towards digital…

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Societe Generale extends its partnership with Surecomp to accelerate digital trade transformation

By NS Banking Staff Writer

24 Mar 22

IMEX consists of an online, real-time processing and decision support system that handles the full range of trade…

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BNP Paribas to halt new business activities in Russia

By NS Banking Staff Writer

23 Mar 22

BNP Paribas joins a growing number of European lenders that are withdrawing from Russia, amid strict sanctions imposed…

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FinTech Validus acquires Citigroup’s CitiBusiness loan portfolio in Singapore

By NS Banking Staff Writer

23 Mar 22

Validus has disbursed over US$1 billion across more than 50,000 loans to small businesses in Singapore, Vietnam, Indonesia…

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