M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Vietcombank Completes Mandatory Acquisition of CBBank Under State Bank of Vietnam Directive
Vietnam's Vietcombank completed the mandatory acquisition of troubled CBBank on 17 October 2024 at zero dong per share under a State Bank of Vietnam restructuring directive.
Nordea Completes Migration of 235,000 Danske Bank Norway Customers to Its Platform
Nordea has completed the migration of approximately 235,000 personal and private banking customers from Danske Bank Norway, adding €9 billion in lending and €3 billion in deposits.
Qatar's Lesha Bank Completes Acquisition of Kazakhstan's Bereke Bank for USD 134.9 Million
Lesha Bank has completed its acquisition of Bereke Bank in Kazakhstan for USD 134.9 million, marking the first bank acquisition by a Qatari entity in Central Asia.
Vietnam's Military Bank Completes Mandatory Acquisition of OceanBank in State-Directed Cleanup
MB (Military Bank) has completed the mandatory takeover of OceanBank following a transfer directed by the State Bank of Vietnam as part of its ongoing weak-bank resolution programme.
BNP Paribas and AXA Sign Definitive Agreement for EUR 5.1 Billion Acquisition of AXA Investment Managers
BNP Paribas and AXA have signed a definitive agreement for BNP Paribas to acquire 100% of AXA Investment Managers for EUR 5.1 billion, following exclusive negotiations announced in August.
Greece's HFSF Sells 10% Stake in National Bank of Greece, Cutting State Ownership to 8.4%
Greece's HFSF completed a secondary offering in October 2024, reducing its National Bank of Greece stake to 8.4% amid strong investor demand.
Nationwide Building Society Completes £2.9 Billion Acquisition of Virgin Money UK
Nationwide's £2.9bn takeover of Virgin Money UK, completed in October 2024, creates the UK's second-largest retail mortgage and savings provider.
FirstSun Capital Bancorp Agrees to Acquire First Foundation in USD 747 Million All-Stock Deal
FirstSun Capital Bancorp has agreed to acquire First Foundation in an all-stock transaction valued at approximately USD 747 million, accelerating its expansion into Southern California.
UniCredit Raises Aggregate Commerzbank Position to Around 21% via New Financial Instruments
UniCredit raised its aggregate Commerzbank position to about 21%, combining a 9% direct stake with roughly 11.5% via financial instruments pending regulatory approval.
KB Financial Group Evaluates Acquisition Targets in Vietnam and Indonesia to Drive ASEAN Growth
KB Financial Group is assessing potential acquisitions in Vietnam and Indonesia as South Korean banks seek growth in Southeast Asia amid a saturated home market.
Wintrust Financial Integrates Macatawa Bank's 26 West Michigan Branches Following USD 510 Million Merger
Wintrust Financial has completed its USD 510 million acquisition of Macatawa Bank, adding 26 West Michigan branches to its network of over 200 locations.
KBank Evaluates Acquisition Targets in Vietnam and Indonesia for ASEAN Digital Banking Expansion
Kasikornbank is assessing bolt-on acquisition opportunities in Vietnam and Indonesia as it seeks to scale digital banking across Southeast Asia.