M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
US's T. Rowe Price agrees to acquire F/m Investments to expand fixed income ETF and SMA reach
T. Rowe Price has agreed to acquire fixed income asset manager F/m Investments to broaden its ETF and separately managed account capabilities, with closing expected in early 2027.
US's StoneX Group announces acquisition of Banco Travelex to expand Brazil offering
StoneX will buy Banco Travelex S.A., Brazil's first bank dedicated to foreign exchange, subject to central bank approval and expected to close within 12 months.
India's Mintoak acquires Dubai-headquartered loyalty technology firm ICC Loyalty
Indian bank platform fintech Mintoak has acquired Dubai-headquartered loyalty technology firm ICC Loyalty to expand its footprint across the Middle East, Africa, Eastern Europe and Asia.
UAE's Emirates NBD Egypt to acquire retail banking business of HSBC Bank Egypt
Emirates NBD Egypt has agreed to acquire the retail banking business of HSBC Bank Egypt, with completion expected in the second half of 2027 subject to regulatory approvals.
Banco de Bogota completes acquisition of Itau's Colombian retail banking business for COP$1.64tn
Banco de Bogota has closed its acquisition of Itau's Colombian retail banking business for approximately COP$1.64 trillion, following regulatory approval.
Freedom Holding Corp completes acquisition of Turkish Bank A.Ş., renaming it Freedom Bank
Freedom Holding Corp completed the acquisition of 99.32% of Turkish Bank A.Ş. on 31 July 2026 following BRSA and competition approvals, renaming it Freedom Bank A.Ş.
Blackstone to acquire HSBC's A$36 billion Australian home and personal loan portfolio
Blackstone has agreed to buy HSBC's A$36 billion Australian home and personal loan portfolio as the UK bank exits Australian retail banking and closes all branches.
Germany's Allianz to acquire HSBC Life Singapore in S$2.7 billion deal with 15-year partnership
Allianz agreed to acquire HSBC Life Singapore for S$2.7 billion alongside a 15-year exclusive bancassurance partnership with HSBC Bank Singapore.
Optus Financial and M&F Bancorp agree merger to create largest Black-owned bank in the US
Optus Financial Corporation and M&F Bancorp have agreed a merger valued at more than $105 million to create the largest Black-owned bank in the United States.
Nubank to acquire Banco Porto Real to secure a Brazilian banking licence
Nubank has agreed to buy Banco Porto Real de Investimentos to add a full banking licence to its Brazilian conglomerate, subject to approval from Brazil's central bank.
Oman's Bank Nizwa submits non-binding offer to acquire Alizz Islamic Bank at 1.2x book value
Bank Nizwa has submitted a non-binding letter of intent to acquire Alizz Islamic Bank from Oman Arab Bank at an indicative valuation of 1.2 times book value.
B Capital-led consortium including CalPERS agrees to acquire Russell Investments for $2.8 billion
A consortium led by B Capital Group and including CalPERS has agreed to acquire Seattle-based asset manager Russell Investments for $2.8 billion, with closing expected in the first quarter of 2027.