All articles by Salong Debbarma
Salong Debbarma
First Financial finalises all-stock acquisition of BankFinancial
The acquisition brings First Financial’s assets to $22bn, adding BankFinancial’s 18 Chicago centres and commercial business lines.
Citi secures internal approval for sale of Russian business to RenCap
Citi expects a fourth quarter 2025 pre-tax sale-loss of nearly $1.2bn, mainly from currency translation adjustment losses.
BasePoint Capital finalises £543m takeover of International Personal Finance
The purchase price represents a nearly 7% premium to IPF’s most recent closing share price of 220 pence.
Bank of Palestine receives IPA for ADGM banking licence in UAE
Following the approval, BOP is expected to become fully operational in the second half of 2026.
Japan’s SBI seeks deeper capital ties with regional banks – report
The company is in discussions with Shimizu Bank and Tsukuba Bank to increase ownership to 15% or higher.
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CCI approves Blackstone acquisition of Federal Bank warrants
Under the terms of the deal, Blackstone will be entitled to nominate one director to Federal Bank’s board, provided its shareholding remains at or above 5%.