M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
MTN Group Fintech Agrees to Take 60% Stakes in MTN Nigeria's MoMo PSB and Y'ello Digital for N152.06 Billion
MTN Group Fintech will invest N152.06 billion for 60% stakes in MTN Nigeria's MoMo Payment Service Bank and Y'ello Digital, consolidating group control of the fintech unit.
BNP Paribas Agrees to Sell 67% Stake in Morocco's BMCI to Holmarcom Finance Company
BNP Paribas has agreed to sell its 67% stake in Moroccan lender BMCI to Holmarcom Finance Company, which BNP Paribas presented as part of its portfolio simplification and capital optimisation strategy.
Japan's Daiwa Next Bank Agrees to Acquire ORIX Bank for ¥370 Billion
Daiwa Securities Group's Daiwa Next Bank has agreed to buy ORIX Bank Corporation from ORIX for ¥370 billion, Daiwa's largest acquisition in almost two decades.
Zenith Bank Completes 100% Acquisition of Paramount Bank Kenya, Entering East Africa
Nigeria's Zenith Bank has completed the full acquisition of Paramount Bank Kenya, marking its first direct foothold in East Africa after receiving regulatory approvals from both Nigeria and Kenya.
RBI Approves Emirates NBD's Acquisition of Up to 74% Stake in India's RBL Bank
The Reserve Bank of India has approved Emirates NBD's acquisition of up to 74% of RBL Bank at INR 280 per share, with the preferential issue for about 60% worth approximately $3 billion.
Goldman Sachs Acquires Innovator Capital Management for $2 Billion to Expand ETF Business
Goldman Sachs has completed its $2 billion acquisition of ETF provider Innovator Capital Management, expanding its exchange-traded fund offering as part of its asset and wealth management strategy.
Community West Bancshares and United Security Bancshares Complete California Merger to Form $5 Billion Bank
Community West Bancshares and United Security Bancshares have completed their merger, creating a combined institution with roughly $5 billion in assets and banking centres across 13 Central California counties.
Taiwan's SinoPac Bank to Absorb King's Town in Major Merger
Taiwan's Bank SinoPac will merge with King's Town Bank, issuing 1.865 billion shares worth 44.76 billion New Taiwan dollars plus cash to acquire its sibling under parent SinoPac Financial. The deal positions SinoPac as the surviving entity amid a 3% share drop for the holding company.
Citi weighs a US regional bank or brokerage deal, Bloomberg reports; Citi calls it speculation
Bloomberg reported that Citigroup was considering buying a US regional bank or wealth brokerage to add deposits. Citi called the report baseless speculation.
Morrow Bank to Buy MedMera in Nordic Growth Push
Morrow Bank has struck a deal to acquire MedMera Bank, its fourth purchase in under two years, bolstering its consumer finance footprint across the Nordics. The bank expects earnings per share to more than double by 2028 from 2025.
SCB Terminates Home Credit Vietnam Acquisition After Conditions Precedent Cannot Be Met
SCBX's SCB board approved the termination of its $796m acquisition of Home Credit Vietnam on 20 March 2026, after conditions precedent could not be fulfilled.
RAKBANK completes AED551m sale of merchant acquiring business to Network International
The Ras Al Khaimah lender has exited merchant acquiring and will enter a long-term exclusive partnership under which Network International will serve its merchant clients.