BPCE completes €6.7bn acquisition of Portugal’s novobanco
BPCE has completed its takeover of novobanco, acquiring the Portuguese lender in full from the Portuguese State, the Resolution Fund and Lone Star Funds. The…
01 May 2026
Federal Bank to buy StanChart India credit card book
Federal Bank has agreed to acquire a selected credit card portfolio from Standard Chartered Bank India covering 450,000 cards. The deal values the portfolio at 1.5 to 1.6 times implied equity. The amount finally paid will depend…
30 Apr 2026
Australian regulator cautions AI outpacing bank cyber defenses
Australia’s banking regulator has told lenders their safeguards are not advancing as quickly as AI, cautioning that newer AI tools could make cyber intrusions bigger and quicker. In correspondence sent…
30 Apr 2026
OppFi seals $130m deal to buy Arizona-based BNCCORP
OppFi has agreed to acquire Arizona-based BNCCORP and its wholly owned unit, BNC National Bank, in a cash-stock transaction worth about $130m. BNC National Bank is a nationally chartered commercial…
29 Apr 2026
Banks outpace regulators on AI adoption, report finds
Financial regulators are trailing banks and other financial firms in adopting artificial intelligence, even as concerns mount over how the technology can be monitored safely, according to a new report…
29 Apr 2026
JPMorgan Chase becomes first global banking partner of Olympic Games
JPMorgan Chase has agreed a new deal with the International Olympic Committee, becoming the Olympic Games’ first Global Banking Partner. The arrangement covers the Los Angeles 2028 Olympic and Paralympic…
28 Apr 2026
OCC grants conditional approval for Mercury to set up Mercury Bank, N.A.
US fintech company Mercury has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Mercury Bank, N.A. The move places the company into the…