M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
India's CCI Approves SMBC's Acquisition of Up to 24.99% Stake in Yes Bank
The Competition Commission of India has cleared Sumitomo Mitsui Banking Corporation's proposed acquisition of up to a 24.99% stake in Yes Bank.
Mizuho Financial Group Seeks Partnership or Acquisition in European and US Private Asset Management
Mizuho Financial Group is seeking a deal with a private asset specialist in Europe or the US, targeting private credit and infrastructure.
MUFG Targets US and European Asset Management Acquisitions to Capture Global Private Markets Growth
Mitsubishi UFJ Financial Group has identified overseas asset management in the US and Europe as a priority for potential deals, part of a push by Japan's megabanks into global private markets.
Reserve Bank of India clears SMBC to acquire up to 24.99% of Yes Bank, ruling out promoter classification
The RBI approval, disclosed by Yes Bank, covers the Japanese lender's agreed purchase of a 20% stake from State Bank of India and seven other banks, and remains subject to Competition Commission clearance.
Nedbank Acquires South African Fintech iKhokha for R1.65 Billion in All-Cash Deal
Nedbank has announced a R1.65 billion all-cash acquisition of SME payments fintech iKhokha, which will operate as a wholly owned subsidiary retaining its brand and management.
Mubadala Capital Completes USD 8.7 Billion Take-Private of Canada's CI Financial
Abu Dhabi's Mubadala Capital has closed its USD 8.7 billion acquisition of Canadian wealth manager CI Financial.
Societe Generale completes sale of Guinea and Mauritania units in continued Africa retreat
Societe Generale finalised on 11 August 2025 the sale of its 57.93% stake in Société Générale Guinée to AFG Holding, alongside the disposal of its Mauritanian subsidiary.
Saudi Real Estate Refinance Company Purchases Arab National Bank Mortgage Portfolio
SRC, a Public Investment Fund entity, has signed an agreement to buy a mortgage portfolio from Arab National Bank.
UBS completes migration of Credit Suisse client accounts booked outside Switzerland
UBS said it had moved all Credit Suisse client accounts booked outside Switzerland onto its platform and remained on track to finish Swiss booking centre migrations by the end of the first quarter of 2026.
LBBW completes legal integration of Berlin Hyp, combining real estate finance under one brand
Berlin Hyp's commercial real estate finance business was transferred to LBBW with effect from 1 August 2025, creating a unit with a financing portfolio of around €63 billion under the Berlin Hyp brand.
CNB Financial Completes $202.6 Million Acquisition of Pennsylvania's ESSA Bancorp
CNB Financial completed its $202.6m acquisition of ESSA Bancorp on 23 July 2025 after a deal first announced in January 2025.
Mercantile Bank Corporation Announces Acquisition of Eastern Michigan Financial Corporation
Mercantile Bank Corporation has announced an agreement to acquire Eastern Michigan Financial Corporation, the Croswell-based parent of Eastern Michigan Bank.