All articles by Prasanna Gullapalli
Prasanna Gullapalli
Post Office signs five-year deal with Cash Access UK for Banking Hubs operation
The agreement, which begins in January 2026, extends the collaboration with Cash Access UK.
MUFG Bank to acquire 20% stake in India’s Shriram Finance for $4.3bn
The investment agreement was reached between MUFG Bank, Shriram Finance, and its major shareholders, Shriram Ownership Trust and Shriram Capital Private Limited.
Home BancShares to purchase Mountain Commerce Bancorp
Mountain Commerce shareholders will obtain 0.850 shares of HOMB stock for each share of Mountain Commerce common stock they hold.
Generali, BFF Bank and BPCE advance in GamaLife acquisition bidding process
Apax Partners is reportedly aiming for a valuation close to €600m ($691.56m) for GamaLife, a European life insurance consolidator.
Klarna payment options on Apple Pay expand to Spain, Denmark, and Sweden
This expansion follows similar launches in the UK, Canada, and the US.
DFCC Bank agrees to purchase Standard Chartered’s Sri Lankan operations
The deal is pending approval from the Central Bank of Sri Lanka and is anticipated to be completed in early 2026.
India considers raising foreign investment cap in state banks to 49 – report
The enhancement of the foreign investment ceiling is expected to attract additional capital for state-owned banks in the future.
Blackstone’s affiliate to invest $705m in India’s Federal Bank for 9.99% stake
The investment will be carried out via preferential equity shares and warrants, subject to Indian regulatory bodies approval.
HSBC considers overhaul of retail banking business in Egypt
The review will be limited to retail banking and will not affect HSBC’s wholesale banking activities.
Wachtell Lipton, and Alston & Bird lead M&A legal advisers in Q1-Q3 2025
Wachtell, Lipton, Rosen & Katz advised on transactions amounting to $70.2bn, while Alston & Bird advised on 36 deals.