All articles by Sathya Jameson
Sathya Jameson
First Abu Dhabi Bank implements Intellect’s debt management system
This enhancement is part of FAB’s vision to fully automate its debt collection features within the next five years.
Monte dei Paschi’s 15% stake sale comes under scrutiny
This sale, which took place last November, was conducted through an accelerated bookbuilding (ABB) process.
FB Financial and Southern States get regulatory approval for merger
The transaction is expected to be finalised on 1 July 2025.
TowneBank seals deal to acquire Virginia’s Old Point for $203m
Old Point shareholders can opt for either $41.00 in cash or 1.1400 shares of TowneBank common stock for each share held.
US fintech firm Plaid secures $575m funding
This capital injection will be primarily utilised to manage employee tax obligations related to RSUs and provide liquidity for the current team.
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DBS frontrunner in race to acquire stake in Indonesia’s Panin Bank
The sale reportedly includes stakes owned by Australia’s ANZ and the founding Gunawan family.
Alkami partners with Greenlight for youth banking solutions
The collaboration offers Alkami’s clients access to Greenlight, a debit card and finance mobile app for kids and teens.
ClearScore secures $38m to undertake growth initiatives
The debt financing from HSBC Innovation Banking UK will help bolster the company’s growth initiatives across both domestic and international markets.
Bank of Ireland to reduce workforce over next three years
Despite the move to cut workforce, the number of branches is expected to remain stable at around 182.
Bank of England seeks rule relaxation for banks, insurers
The reforms aim to reduce bank reporting requirements and allow insurers to make riskier investments without prior approval.