All articles by Verdict Staff
Verdict Staff
WSFS Financial secures regulatory approval to buy Alliance Bancorp
WSFS Financial, parent of WSFS Bank, has received the final regulatory approval to merge with Alliance Bank, the wholly owned subsidiary of Pennsylvania-based Alliance Bancorp.
Nicolet Bankshares, Baylake agree on $141m merger deal
Wisconsin-based banks Nicolet Bankshares and Baylake have agreed on a merger deal worth about $141m, which will create the largest community bank north of Milwaukee.
Oman Arab Bank selects NCR solutions to prevent malware and skimming attacks
Oman Arab Bank has selected NCR Solidcore Suite for APTRA and NCR Skimming Protection Solution (SPS) technology to offer a secure banking environment for its customers.
BB&T to axe 89 ex-Susquehanna Bancshares staff in Pennsylvania
BB&T is planning to slash 89 jobs at the former Susquehanna Bancshares headquarters in Lititz, Lancaster County in Pennsylvania.
Bank of Yokohama to merge with Higashi-Nippon Bank
Japanese lender Bank of Yokohama and Higashi-Nippon Bank have agreed to merge under their new holding company Concordia Financial Group.
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VTB partners Russian Post to create new retail bank
Russian lender VTB is planning to set up a new retail bank in a joint venture with the country’s national postal operator Russian Post.
Ricoh launches new payment security solution for banks in India
Ricoh India, a provider of digital office equipment and IT services, has launched a new security solution that allows banks to detect suspected fraud transactions.
I&M Holdings to buy Giro Commercial Bank
Kenya’s I&M Holdings has agreed to acquire locally-owned Giro Commercial Bank (GCBL) for an undisclosed amount.
Barclays sells UK secured lending portfolio to Goldman Sachs-led consortium
Barclays Bank has sold its UK secured lending unit to a group of investors led by Goldman Sachs, as part of its strategy to dispose of non-core assets and boost profitability.
Banner gets Fed approval to buy Starbuck Bancshares, AmericanWest Bank
Washington-based Banner and its wholly owned subsidiary Elements Merger Sub (Merger Sub) have received the green light from the Federal Reserve to acquire Seattle-based Starbuck Bancshares and its subsidiary AmericanWest Bank.