All articles by Shalini MP Nair

Shalini MP Nair

Federal Reserve Bank of Chicago approves Mercantile Bank-Eastern merger

The transaction is expected to close on 31 December 2025.

Laurentian Bank to sell operations to Fairstone Bank, National Bank of Canada

In 2023, Laurentian Bank announced a review of its strategic options, including a possible sale, which ended without finding a buyer.

DBS revises Alliance Bank stake proposal to 30% for Malaysian approval

The initial request of DBS for 49% stake acquisition in Alliance Bank would have required a waiver from Bank Negara Malaysia.

Revolut completes share sale, achieves $75bn in valuation

The fundraising transaction was spearheaded by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company.

Newgen and Mambu partner to provide plug-and-play lending stack for banks

The collaboration integrates Newgen’s end-to-end Loan Origination System (LOS) with Mambu’s composable core banking platform.

Santander announces merger of Openbank and Santander Consumer Finance

Openbank and SCF are integral parts of Santander’s Digital Consumer Bank (DCB) global business.

BBVA-Sabadell merger faces at least three-year integration delay

With this move, the Spanish government aims to protect jobs and maintain financial stability.

Needham Bank to acquire BankProv to expand market reach

The transaction is valued at $211.8m, based on Needham’s share price as of 4 June 2025.

Allen & Overy, White & Case top legal advisers in Middle East and Africa in Q1 2025

Allen & Overy secured the top spot based on the total deal value and White & Case led the rankings by deal volume.