Sweden’s Nordax Bank unveils plans to buy Norwegian Finans Holding
Sweden’s Nordax Bank has unveiled plans to buy Norwegian Finans Holding, the parent company of Bank Norwegian. The specialist bank…
Wipro to boost banking capabilities with Capco acquisition
Indian IT firm Wipro has signed an agreement to acquire Capco, a consultancy firm in the banking and financial services sector, for $1.45bn. Headquartered in London, Capco provides digital, consulting…
05 Mar 2021
Shore Bancshares to acquire Severn Bancorp in $146m deal
Shore Bancshares, the parent company of Shore United Bank, has signed a definitive agreement to acquire Severn Bancorp in a deal worth around $146m. The deal further bolsters Shore’s footprint…
04 Mar 2021
Neobank for migrants Rewire secures $20m Series B investment
Israeli fintech firm Rewire, which focuses on expatriate workers, has raised $20m in a Series B funding round led by OurCrowd to drive growth. OurCrowd was joined by both new…
03 Mar 2021
Key to buy financial services analytics expert AQN Strategies
Cleveland-based retail bank Key has agreed to take over AQN Strategies, an analytics-driven consultancy focused on the financial services sector. Financial terms of the transaction were not revealed. The deal…
03 Mar 2021
NCB, Samba stockholders greenlight merger to create Saudi National Bank
The merger of National Commercial Bank (NCB) and Samba Financial Group has been approved by their shareholders to create the biggest bank in Saudi Arabia. The combined bank will operate…
02 Mar 2021
Ansa Merchant Bank acquires BoB operations in Trinidad and Tobago
Ansa Merchant Bank has acquired Indian lender Bank of Baroda (BoB)’s operations in Trinidad and Tobago. In a statement, the company said that 1 March 2021 was the first day…
02 Mar 2021