SocGen to sell its Burkina Faso and Mozambique units to Vista Group
Vista will acquire SocGen’s currently owned 52.6% stake in Société Générale Burkina Faso and 65% in Banco Société…
FINRA fines BofA Securities $24m for spoofing and supervisory failures
01 Dec 23BofA Securities was found spoofing in 717 instances between October 2014 and February 2021 and failed to maintain…
Banc of California Announces Completion of Transformational Merger with PacWest Bancorp and $400 Million Equity Raise
01 Dec 23Combined bank emerges as the third-largest bank headquartered in California and one of the nation’s premier relationship-focused business…
UOB closes acquisition of Citigroup’s consumer business in Indonesia
20 Nov 23With the integration of Citi Indonesia into UOB Indonesia, the Singaporean bank concludes its entire acquisition of Citigroup’s…
CBA to sell its Indonesian banking subsidiary to OCBC Indonesia for $142m
17 Nov 23The transaction is expected to be closed in the second or third quarter of 2024, subject to regulatory…
China Huarong Asset Management to acquire 5% stake in Citic for $1.7bn
16 Nov 23As part of the transaction, Huarong has created an Independent Board Committee to advise the independent shareholders about…
Absa to buy HSBC’s personal and business banking business in Mauritius
14 Nov 23The acquisition of HSBC’s wealth and personal banking and business banking business in Mauritius is expected to further…
First Financial Corporation and SimplyBank Sign Merger Agreement
14 Nov 23First Financial, headquartered in Terre Haute, Indiana, has assets of approximately $4.8 billion and operates 70 banking centers…
IN Groupe acquires e-ID business from Nexi
10 Nov 23Nexi is Europe's PayTech company operating in high-growth, attractive European markets and technologically advanced countries
Westpac to acquire health payments provider HealthPoint
03 Nov 23HealthPoint provides real-time private health claiming services to businesses at point of sale, connecting healthcare providers, consumers and…