M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
PNC Receives All Regulatory Approvals for FirstBank Acquisition, Closing Scheduled for January 2026
PNC Financial Services has received Federal Reserve, OCC, and Colorado Division of Banking approvals for its FirstBank acquisition, with closing expected on or about 5 January 2026.
Federal Reserve Approves Banco BTG Pactual's Acquisition of a US Savings Association
The Federal Reserve has approved BTG Pactual Bancorp's acquisition of a US savings association and ruled on its Financial Holding Company elections, giving the Brazilian bank a US banking licence.
Capitec Bank Agrees to Acquire South African Fintech Walletdoc for Up to R400 Million
Capitec Bank will pay up to R400 million ($23.5M) for Walletdoc Holdings, a South African fintech providing payment gateway solutions for merchants.
Access Bank Completes Acquisition of Standard Chartered Cameroon Operations
Access Bank has completed its takeover of Standard Chartered's Cameroon business, the final leg of a multi-country sub-Saharan Africa divestment agreed in July 2023.
National Bank of Canada to acquire Laurentian Bank's retail and SME portfolios as Fairstone buys the rest
National Bank agreed to take on about C$4.1 billion of Laurentian Bank retail and SME loans and C$8.2 billion of deposits, while Fairstone Bank agreed to buy Laurentian's shares for about C$1.9 billion.
Nedbank Completes Acquisition of South African SME Payments Fintech iKhokha for R1.65 Billion
Nedbank has completed its R1.65 billion acquisition of iKhokha, bringing the SME payments fintech fully into the group as a wholly owned subsidiary after all regulatory approvals were secured.
Associated Bank Announces USD 604 Million Acquisition of American National Corporation in Midwest Push
Associated Banc-Corp has agreed to acquire American National Corporation for roughly USD 604 million, deepening its presence in the Twin Cities and entering Omaha.
Kaspi.kz Updates Rabobank Turkey Acquisition Timeline, Closing Now Expected Mid-2026
Kaspi.kz said closing of its acquisition of Rabobank A.Ş. in Türkiye, still subject to regulatory approvals and customary closing conditions, is now expected in mid-2026.
Scotiabank Receives All Regulatory Approvals for Transfer of Colombia, Costa Rica and Panama Operations to Davivienda
Scotiabank has secured all required regulatory approvals in Colombia, Costa Rica, and Panama for the transfer of its operations there to Davivienda, in exchange for an approximately 20% stake in Davivienda Group.
RBL Bank Shareholders Approve Emirates NBD Deal at Extraordinary General Meeting
RBL Bank shareholders voted at an EGM on 12 November to approve the amalgamation of Emirates NBD's India branch into RBL Bank and authorise a preferential share allotment to the Dubai lender.
UniCredit CEO Orcel Declares Banco BPM Acquisition Chapter Closed After Failed Bid
UniCredit CEO Andrea Orcel declared the Banco BPM acquisition attempt closed after the bank abandoned its bid in July 2025 following Italian government conditions deemed unacceptable.
Fearnley Securities agrees to combine with Norwegian M&A adviser Alpha Corporate Finance
Alpha Corporate Finance will join Fearnley Securities in early 2026, with all advisory work to sit in a single investment banking division covering M&A, ECM and DCM.