Bank of Beijing and ING are to invest CNY3bn ($447m) to set up a new digital bank headquartered in China. ING will hold a 51% …
Liberty Bank signs deal to acquire SBT Bancorp for $71m
Liberty Bank has signed a definitive agreement to acquire SBT Bancorp, , a bank holding company headquartered in Simsbury, Connecticut, for $71m. The acquisition will …
First Bank to acquire New Jersey-based Grand Bank
First Bank has signed a definitive merger agreement to acquire New Jersey-based Grand Bank in an all-stock transaction. The $19.4m transaction has been unanimously approved …
Regtech firm Tookitaki receives $7.5m Series A investment
Tookitaki, a regtech firm serving the financial services sector, has secured $7.5m in Series A funding. The funding round was led by venture capital firms …
Axos Bank secures regulatory nod for MWABank Deposit acquisition
Axos Financial subsidiary Axos Bank has secured regulatory approval to acquire nearly $173m in deposits from MWABank. The bank received the regulatory nod from the …