All articles by Vidyasagar Maddela
Vidyasagar Maddela
Overbrook Bankshares agrees to merge with Norcon Financial
The deal is expected to close in the first half of 2026, subject to customary closing conditions, including regulatory and shareholder approval.
Nexi rejects €1.2bn TPG bid for digital banking solutions unit- report
Nexi’s board reviewed TPG’s proposal and decided not to move forward with the transaction.
Hana Financial advances US expansion with $100m capital injection – report
The latest capital injection is the third round for Hana’s US subsidiary and follows the previous $36.5m injection in 2016 and $65m in 2022.
Ajman Bank introduces Digital Extension to expand smart banking services
The new digital facility allows customers to access core banking functions through a digital platform, focused on convenience and Shariah compliance.
ASN Bank selects HCLTech to support digital transformation
The collaboration is part of ASN Bank’s ‘Simplify and Grow’ strategy, which aims to modernise and standardise its IT architecture.
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Community West Bancshares, United Security Bancshares to merge in $191.9m deal
This merger will combine United Security Bank’s branches with Community West Bank’s existing banking centres in California.
Thread Bank secures $30.5m funding to support embedded banking strategy
Through the embedded banking strategy, Thread aims to provide “digital branches” embedded within partner platforms.
RBI approves HDFC subsidiaries to buy 9.5% stake in IndusInd Bank
HDFC units are allowed to jointly purchase up to 9.5% of IndusInd Bank’s paid-up share capital or voting rights, within one year.
Bank of Ireland invests $435m in Retail Ireland division
The funding covers fraud prevention, technology upgrades, telephony, mortgage services, mobile app, and payments.
First Financial gets regulatory approval for BankFinancial acquisition
The acquisition will help First Financial expand its presence in the Chicagoland area, where BankFinancial operates 18 financial centres.