Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio and two prominent Italian investors allegedly coordinated actions to seize control of Mediobanca SpA and tighten their grip on Assicurazioni...
Hungary’s second largest bank MBH to sell 7% stake in public offer
Hungary’s second largest lender MBH Bank will sell 7% of its shares in a public offering starting from Tuesday to broaden the investor base and increase trading activity, the bank said in a statement on Monday...
Kotak, Federal Bank in talks to acquire Deutsche Bank’s India retail & wealth portfolios
Kotak Mahindra Bank and Federal Bank are in the race to purchase the retail and wealth management businesses of Deutsche Bank in India, multiple people familiar with the matter told ET. This is the second attempt in...
Poland’s ING Bank Slaski agrees to acquire remaining 55% stake in Goldman Sachs TFI
ING Bank Slaski said on Tuesday that it had agreed to acquire the remaining 55% stake in Polish asset management company Goldman Sachs TFI from Goldman Sachs Asset Management International Holdings for 396 million...
Italy counting on M&A deal to cut MPS stake, favours BPM merger, sources say
Italy will hold onto its remaining 4.9% stake in bailed-out bank Monte dei Paschi di Siena (MPS) while the lender incorporates its recently-acquired rival Mediobanca, two sources close to the matter told Reuters. But...
Dutch bank ABN Amro buys domestic peer NIBC for $1.1 billion
Dutch bank ABN Amro on Wednesday said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening its position in its home market. The acquisition, for an estimated price...
Emirates NBD proposes open offer to acquire 26% in RBL
Emirates NBD Bank PJSC has proposed to launch an open offer to acquire 26% stake in Mumbai-based RBL Bank at ₹280 per share, the domestic private bank informed the stock exchanges. Shareholders can tender shares from...
Mahindra and Mahindra sells entire stake in RBL Bank for ₹678 crore
Mahindra and Mahindra (M&M) has sold its entire stake in lender RBL Bank for ₹678 crore, the automaker said in an exchange filing on Thursday, November 6. The sale comes days after the lender announced Emirates...
Morgan Stanley to buy private shares platform EquityZen
Investment banking giant Morgan Stanley said on Wednesday it will buy private shares platform EquityZen, as Wall Street races to meet growing investor demand for stakes in fast-growing startups. Major financial...
Govt consolidation blueprint—UBI-BoI merger to create mega bank; Punjab & Sind Bank, BoM privatization on radar
The government is drawing up a fresh blueprint to merge select public sector banks, said three people aware of the matter, as it aims to scale up such lenders and streamline overlapping operations under banking sector...
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock falls
Huntington Bancshares (HBAN) stock fell 5% early Monday, going below its 200-day line and 10-day moving average, as per the report by Investor’s Business Daily. HBAN shares are down 1.2% so far in 2025 through last...
FirstSun to buy First Foundation in $785 million all-stock deal
FirstSun Capital Bancorp will buy First Foundation in an all-stock deal valued at $785 million, the companies said on Monday, as mergers and acquisitions within regional banks accelerate amid credit concerns in the...
