Isracard abandons Esh Bank acquisition plan
Isracard (ISCD) has abandoned plans to buy Israeli digital lender Esh Bank after the parties failed to reach a binding…
Isracard (ISCD) has abandoned plans to buy Israeli digital lender Esh Bank after the parties failed to reach a binding…
German officials are outlining key conditions for any future discussions with UniCredit over Commerzbank, reflecting a shift in Berlin’s approach from resisting the takeover to trying to influence its outcome,…
Banca Monte dei Paschi di Siena (BMPS) has reviewed early findings from advisers UBS and BofA Securities on Intesa Sanpaolo’s all-share-and-cash offer for the bank. Under the proposal, BMPS investors…
Palo Alto Networks co-founder Nir Zuk and The Bancorp co-founders Daniel and Betsy Cohen have finalised separate share purchases in DMG Bancshares, the parent of Liberty Bank, alongside other investors…
Italy is moving towards exiting its shareholdings in domestic banks, Economy Minister Giancarlo Giorgetti said, pointing to a possible sale of the state’s 4.9% stake in Banca Monte dei Paschi di Siena (MPS), reported Reuters. …
The UK government has published a policy agenda aimed at increasing the use of artificial intelligence in financial services, while seeking to keep regulatory and systemic risks in check. The proposals draw on measures…
First Bancorp has agreed to acquire First Carolina Bancshares in a transaction valued at $166m. The purchase price is based on First Bancorp’s share price of $64.22 on 13 July…