OppFi to Acquire BNCCORP and BNC National Bank for $130M
Chicago‑based fintech OppFi announced a $130 million cash‑and‑stock acquisition of BNCCORP and its subsidiary BNC National Bank, creating a $2 billion‑asset bank with a national charter. The deal, expected to close in Q4 2026, will give OppFi a bank‑holding structure and access to low‑cost funding. OppFi shareholders will own about 93 % of the combined entity.
NatWest to Acquire Evelyn Partners for $3.4B
NatWest has agreed to acquire wealth manager Evelyn Partners in a deal valued at £2.7bn (≈$3.4bn). The acquisition, one of the largest WealthTech transactions in recent memory, is part of a broader trend of high street banks re-entering the financial...
Gencom-Led JV Secures $125M Refinancing for The St. Regis Chicago
Gencom and GD Holdings' joint venture has secured a $125 million refinancing loan from Banco Inbursa for The St. Regis Chicago, replacing $76 million of original acquisition financing. The deal, announced on April 28, 2026, underscores the asset's strong performance...
China-Backed BasisBank Acquires Controlling Stake in Georgia's Liberty Bank
BasisBank, controlled by China's Hualing Group, has acquired a controlling interest in Liberty Bank, Georgia's third‑largest bank, giving it access to data of about 1.7 million citizens. The deal, announced in mid‑April 2026, doubles BasisBank's size and creates a combined entity...
Peoples Bancorp to Acquire Citizens Bank of Kentucky for $76.6M
Peoples Bancorp of Marietta, Ohio announced it will acquire Citizens Bank of Kentucky for roughly $76.6 million in cash and stock. The deal adds 12 branches and $686 million in assets, bringing Peoples' total assets close to $10 billion. The transaction is expected...
Nicolet National Bank Sells Denver Locations to Sunwest Bank
Green Bay‑based Nicolet National Bank announced the sale of its three Denver branches to Utah‑based Sunwest Bank. The all‑cash transaction, whose value was not disclosed, is slated to close in the third quarter. The Denver locations represent roughly $390 million in...
TowneBank Completes Acquisition of Dogwood State Bank
TowneBank announced the completion of its acquisition of Dogwood State Bank in January 2026, adding $1.95 billion in loans, $1.93 billion in deposits and $190 million in securities to its balance sheet. The deal expands TowneBank’s presence across the Carolinas and was disclosed...
United Community Banks Announces Definitive Merger Agreement to Acquire Peach State Bancshares
United Community Banks, Inc. disclosed that it has entered into a definitive merger agreement to acquire Peach State Bancshares, Inc., as filed with the SEC on April 21, 2026. The transaction details were not disclosed, but the agreement signals United’s continued expansion...
Standard Chartered and A*STAR Launch $11.7M AI Research Partnership
Standard Chartered and Singapore’s Agency for Science, Technology and Research (A*STAR) announced a three‑year AI research partnership, creating an AI for Banking Innovation Lab funded with a combined US$11.7 million investment. The lab will focus on AI applications such as portfolio...
CVB Financial Corp. Completes Merger with Heritage Commerce Corp
CVB Financial Corp. completed its all‑stock merger with Heritage Commerce Corp. on April 17, 2026, merging their banking subsidiaries Citizens Business Bank and Heritage Bank of Commerce. The transaction expands CVB’s assets to over $20 billion and broadens its presence across California.
Shiga Bank and Senshu Ikeda Holdings Announce Mutual Minority Stake Tie‑up
Japan’s Shiga Bank and Senshu Ikeda Holdings, the parent of Senshu Ikeda Bank, have agreed to a capital and business alliance, each acquiring a 0.5‑1% stake in the other to boost competitiveness while preserving autonomy. The deal was announced at...
Simmons First National Corp Raises $400M via Series H Preferred Stock Issuance
Simmons First National Corp (SFNC) completed a $400 million issuance of Series H preferred stock during Q1 2026, as disclosed in its earnings call. The capital raise bolsters the bank's Tier 1 capital ratio, increasing it to 11.95% and supporting...
Envision Energy Signs $500M Vendor Financing Agreement with BBVA CIB
Envision Energy, a green‑technology firm, has signed a $500 million vendor‑financing agreement with BBVA Corporate & Investment Banking to fund its international operations across Europe, Asia and Latin America. The deal provides Envision with financing instruments and extended payment terms for...
AtlasClear Holdings Files Regulatory Applications to Acquire Commercial Bancorp, Parent of Farmers State Bank
AtlasClear Holdings announced it has filed regulatory applications with the Federal Reserve and Wyoming Division of Banking to acquire Commercial Bancorp, the parent of Farmers State Bank. The acquisition follows a definitive Share Purchase Agreement signed in February 2026, with...
ESSA Secures 10-Year Bank Loan From Bancolombia
Colombian electric utility ESSA has secured a 10-year loan from Bancolombia, marking a new financing arrangement for the utility. The loan terms were not disclosed.
MUFG Bank Acquires 20% Stake in Shriram Finance for $4.8B
Japanese banking giant MUFG Bank completed the acquisition of a 20% equity stake in Indian non‑banking financial company Shriram Finance Ltd, paying approximately ₹39,618 crore ($4.8 billion). The board approved the preferential allotment on April 8, 2026, and the deal received regulatory clearance, marking...
Nationwide Completes Acquisition of Virgin Money
Nationwide has completed its takeover of Virgin Money, creating one of the UK's largest retail banks. The deal, announced on April 7, 2026, consolidates Nationwide's position in the market and expands its customer base.
Huntington Bancshares Completes Cadence Bank Acquisition, Boosting Dividend Coverage
Huntington Bancshares (HBAN) has completed its acquisition of Cadence Bank, expanding its Texas footprint and targeting $400 million in annual pre‑tax synergies. The deal is expected to improve profitability and strengthen coverage of HBAN’s preferred dividend, lowering the preferred equity ratio.
Afreximbank Underwrites US$2.5 Billion Term Loan for Dangote Refinery
Afreximbank, together with Access Bank as co‑mandated lead arrangers, has underwritten a five‑year US$2.5 billion term loan for Dangote Industries’ Dangote Refinery, Africa’s largest petroleum complex. The financing consolidates existing debt and supports the refinery’s growth and operational maturity, marking one...
VersaBank Sells Minnesota Branch Assets to Stearns Bank
VersaBank announced the sale of its only Minnesota branch assets to Stearns Bank Holdingford. The transaction, approved by the Office of the Comptroller of the Currency, is expected to close in the second quarter of 2026 and will result in...
Akbank Secures $700M Sustainability-Linked Syndicated Loan
Akbank secured a $700 million sustainability-linked syndicated loan in five tranches, announced on March 26, 2026. The facility includes a $125 million 367-day USD tranche, a $202 million two-year tranche and a $103 million three-year tranche, with the remaining portions...
Klarna Doubles $2B Lending Facility with Elliott Investment Management
Klarna announced on Tuesday that it has doubled its existing lending facility with Elliott Investment Management to $2 billion and extended the term to three years. The new agreement allows up to $17 billion in loans by having Elliott purchase Klarna receivables,...
Zions Bancorp to Acquire Basis Investment Group's Multifamily Lending Business
Zions Bancorp announced it will acquire the agency-lending business of Basis Multifamily Finance I, a subsidiary of Basis Investment Group, which includes its Fannie Mae and Freddie Mac multifamily loan lines. The undisclosed-value transaction is pending agency approval but will...
Fifth Third Bank Completes $12.7B Acquisition of Comerica Bank
Cincinnati-based Fifth Third Bank has completed a $12.7 billion acquisition of Comerica Bank, expanding its presence in California with 84 branches. The deal makes Fifth Third the ninth‑largest U.S. bank with about $294 billion in assets and sets plans for further branch...
Independent Bank Corp. To Acquire HCB Financial Corp. And Highpoint Community Bank for $70.2M
Independent Bank Corp. announced it will acquire HCB Financial Corp. and its subsidiary Highpoint Community Bank in a deal valued at approximately $70.2 million. The acquisition will add seven branches and $590 million in assets to Independent, and is expected to close...
HSBC Raises $2.5bn via AT1 Bond Issuance
HSBC Holdings Plc sold $2.5bn of Additional Tier 1 perpetual notes, marking the first major‑currency AT1 bond issuance since the Iran conflict began. The two notes, callable in 5.5 and 10 years, will yield 6.75% and 7% respectively.
Esquire Financial Holdings to Acquire Signature Bancorporation for $348.4M
Jericho‑based Esquire Financial Holdings announced it will acquire Signature Bancorporation in a roughly $348.4 million transaction, creating a $4.8 billion‑asset bank and expanding its presence in Chicago’s commercial‑banking and real‑estate markets. The deal is slated to close in the third quarter of...
Landmark Credit Union to Acquire American National Bank‑Fox Cities
Milwaukee‑based Landmark Credit Union announced it will acquire Wisconsin community bank American National Bank‑Fox Cities. Deal terms were not disclosed, and the transaction is expected to close in the second half of 2026, expanding Landmark’s SBA lending capacity and presence...
Journey Financial Group to Acquire Lone Star Bank in Houston
Dean Bass leads Journey Financial Group in a planned acquisition of Lone Star Bank, a $191 million‑asset community bank in Houston. The deal was announced in a Monday press release, terms were undisclosed, and closing is expected in late Q2 or...
CBS Banc-Corp to Acquire TAG Bancshares Inc. And Citizens Bank & Trust, Inc.
The Federal Reserve Board approved CBS Banc-Corp's notice to acquire TAG Bancshares Inc., which will also indirectly acquire Citizens Bank & Trust, Inc. The regulatory approval confirms the transaction, though financial terms were not disclosed.
UiPath Completes Acquisition of WorkFusion to Boost AI-Driven Financial Crime Compliance
UiPath announced the completion of its acquisition of WorkFusion, a provider of AI agents for financial crime compliance. The deal closed in UiPath's first quarter of fiscal 2027, expanding its automation platform with specialized AML, sanctions‑screening, and adverse‑media monitoring capabilities....
Kraken Secures $800M Funding Round, Valued at $20B, with Investors Citadel Securities, Jane Street and DRW Venture Capital
Kraken announced the closing of an $800 million funding round that values the crypto exchange at $20 billion. The round included a $200 million investment from Citadel Securities and additional capital from Jane Street and DRW Venture Capital. The funding comes as...
Beast Industries Acquires Step, Expanding Into Youth Financial Services
Beast Industries announced the acquisition of Step, a banking app for teenagers and young adults with over seven million users. The deal, disclosed on March 3, 2026, positions the company to offer a suite of financial services, including spending, savings,...
SMB 2026‑A $618M Asset‑Backed Securities Issuance Secured by Sallie Mae Student Loans
Sallie Mae Bank's Smart Option student loan program has securitized $618 million of private student loans into three tranches of asset‑backed securities under the SMB 2026‑A trust. The issuance, managed by Bank of America Merrill Lynch, Barclays, Goldman Sachs, JP Morgan Securities and...
Advent Completes Acquisition of Tbi Bank
Advent, a private equity firm with €85bn in assets under management, has completed its acquisition of tbi bank, a mobile‑first challenger bank operating in Bulgaria, Romania and Greece. The deal expands Advent’s footprint in Central and Eastern Europe and will...
FS Bancorp to Acquire Pacific West Bank for $34.6M
FS Bancorp, the holding company for 1st Security Bank, announced on Thursday its acquisition of Pacific West Bank for $34.6 million in cash and stock, giving the firm its first presence in Portland. The deal, expected to close in Q3 2026,...
NARCL Places ₹285 Crore Anchor Bid for BLA Power's Stressed Debt
National Asset Reconstruction Company Ltd (NARCL) has emerged as the anchor bidder for the stressed debt of BLA Power, offering ₹285 crore under a Swiss Challenge auction. The bid represents a 38.6% recovery of the ₹738.18 crore outstanding debt, with...
Bank of America Commits $25bn to Private Credit Lending
Bank of America announced a $25bn commitment to expand its private credit lending activities, aiming to capture more opportunities in the sector as concerns rise about its health. The move follows similar initiatives by other Wall Street institutions.
The Access Bank UK to Acquire Zempler Bank
The Access Bank UK announced it will acquire Zempler Bank, an SME-focused lender. The transaction has received regulatory approval and is expected to close in the coming weeks.
Gulf Development Raises Stake in Kasikornbank to 10%
Gulf Development Plc increased its shareholding in Kasikornbank to 10.03% after acquiring additional shares on Feb 12, 2026, as disclosed in a filing on Feb 16. The stake remains below Thailand's 10% regulatory threshold, avoiding central bank approval, and is...