Hana Financial advances US expansion with $100m capital injection – report
South Korea-based financial holding company Hana Financial is reportedly planning to invest $100m in its US banking unit, Hana Bank…
19 Dec 2025
Ajman Bank introduces Digital Extension to expand smart banking services
Ajman Bank, a UAE-based shariah-compliant Islamic bank, has launched Digital Extension aimed at expanding its range of technology-enabled banking services. The new digital facility allows customers to access core banking…
18 Dec 2025
Federal Reserve Bank of Chicago approves Mercantile Bank-Eastern merger
The Federal Reserve Bank of Chicago has granted approval for the proposed Mercantile Bank (Mercantile) and Eastern Michigan Financial (Eastern) merger. In October, Mercantile and Eastern entered into an agreement…
18 Dec 2025
ASN Bank selects HCLTech to support digital transformation
ASN Bank, a Netherlands-based retail bank, has selected HCLTech as its strategic partner to advance its digital transformation and improve customer experience. Under the partnership, HCLTech will support ASN Bank’s…
18 Dec 2025
Community West Bancshares, United Security Bancshares to merge in $191.9m deal
California-based bank holding companies Community West Bancshares and United Security Bancshares have entered into a definitive agreement to merge. Community West Bancshares is the parent organisation of Community West Bank,…
17 Dec 2025
Thread Bank secures $30.5m funding to support embedded banking strategy
Thread Bancorp, the parent company of Thread Bank, has secured $30.5m in its latest funding round, comprising $27.6m in initial raise and $2.9m in extension. This funding round was led by Portage Ventures, with additional participation from Rockmont Partners and other strategic investors. Thread Bank…
17 Dec 2025
RBI approves HDFC subsidiaries to buy 9.5% stake in IndusInd Bank
HDFC Bank has received approval from India’s central bank, the Reserve Bank of India (RBI), for its subsidiaries to acquire up to a 9.5% stake in IndusInd Bank. The approval has been given to HDFC units, HDFC…