M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Banco Santander Announces $12.3 Billion Acquisition of Webster Bank to Create US Top-10 Lender
Banco Santander has agreed to acquire Webster Financial in a $12.3 billion cash-and-stock deal that would create a top-10 US retail and commercial bank with roughly $325 billion in assets.
Fifth Third Bancorp Completes $10.9 Billion All-Stock Acquisition of Comerica, Creating Ninth-Largest US Bank
Fifth Third Bancorp closed its $10.9 billion all-stock takeover of Comerica on 2 February 2026, creating the ninth-largest US bank with expanded reach into Texas, California and the South-east.
Huntington Bancshares Completes $7.4 Billion Acquisition of Cadence Bank, Joining Top 10 US Banks
Huntington Bancshares closed its $7.4 billion all-stock deal to acquire Cadence Bank on 2 February 2026, pushing the combined institution into the top 10 US banks by assets.
RBI Introduces Acquisition Finance Framework Allowing Banks to Fund 75% of Indian M&A Deals
India's RBI has introduced an acquisition finance framework allowing banks to fund up to 75% of qualifying M&A transactions involving companies with at least INR 500 crore net worth.
Vietcombank Launches Private Placement of 543 Million Shares With Mizuho Poised to Raise Stake
Vietcombank announced a private placement of 543.1 million shares, up to 6.5% of outstanding stock, with Mizuho Bank eligible to increase its holding from 14.96% to 20%.
European Banking M&A Reaches Decade High as Deal Values Quadruple to $73.5 Billion in 2025
European banking M&A surged to $73.5 billion in 2025, quadrupling from $17.5 billion in 2024 and hitting the highest cross-border deal level since 2008.
Nedbank Announces Intention to Acquire 66% Stake in Kenya's NCBA Group in East Africa Push
Nedbank has announced plans to acquire approximately 66% of NCBA Group via an 80% share, 20% cash offer at KES 2,100 per 100 shares, pending Kenyan regulatory approvals.
Standard Chartered Launches Sale Process for Botswana Subsidiary Amid Africa Retail Exit
Standard Chartered has begun a formal sale process for its Botswana unit, with Nedbank, Absa, Standard Bank, and FirstRand among the potential bidders.
U.S. Bank Announces Acquisition of BTIG for Up to $1 Billion to Strengthen Capital Markets Arm
U.S. Bank agreed to acquire equity capital markets firm BTIG for a target price of $725 million in cash and stock, plus up to $275 million in performance-based payments.
PNC Completes USD 4.1 Billion Acquisition of FirstBank, Adding 95 Branches in Colorado and Arizona
PNC Financial Services closed its USD 4.1 billion acquisition of FirstBank on 5 January 2026, merging the Colorado-headquartered lender into PNC Bank NA and adding scale in the Rocky Mountain region.
Vietcombank Plans 6.5% Stake Sale to International Investors Targeting USD 1.3–1.5 Billion
Vietnam's Vietcombank has confirmed plans to sell a 6.5% stake to international strategic investors, targeting proceeds of USD 1.3 to 1.5 billion.
Competition Commission of India Approves Emirates NBD's Proposed Stake Acquisition in RBL Bank
India's Competition Commission has cleared Emirates NBD's proposed $3 billion investment in RBL Bank, though government approval for FDI above 49% remains pending.