Brazil-based Banco Bradesco to acquire BAC Florida Bank for $500m
Brazilian banking major Banco Bradesco has agreed to acquire BAC Florida Bank, a South Florida-based community bank, from Grupo Pellas for about $500m.
News - Retail Banking
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07 May 2025
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07 May 2025
Gateway Mortgage Group completes merger to form Gateway First Bank
Gateway Mortgage Group, LLC, a full-service mortgage company licensed in 40 states and the District of Columbia, announced it has completed its merger with Farmers Exchange Bank to form Gateway First Bank, an Oklahoma banking corporation.
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06 May 2025
MIDFLORIDA to acquire two banking operations in Florida
MIDFLORIDA Credit Union has agreed to acquire two banking operations in Florida, as part of its expansion in the state.
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06 May 2025
Societe Generale to sell Slovenian banking subsidiary to OTP Bank
French investment bank Societe Generale has agreed to sell SKB Banka (Slovenia) and its subsidiaries to Hungarian banking major OTP Bank for an undisclosed price.
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03 May 2025
RBS introduces new online investment service
Royal Bank of Scotland (RBS) has introduced a new online investment service, dubbed Royal Bank Invest, which can allow its customers to invest amounts from as little as £50.
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03 May 2025
HSBC Q1 profit surges 31% to $4.91bn
HSBC has reported its profit after tax of $4.91bn, or $0.21 per diluted share, for the first quarter ended 31 March 2025, a 31.4% increase compared to $3.73bn, or $0.15 per diluted share, for the same quarter in the previous year.
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02 May 2025
Abu Dhabi banks ADCB, UNB and Al Hilal complete three-way merger
The Abu Dhabi Commercial Bank (ADCB) has completed its merger with Union National Bank (UNB) and the combined company has acquired Al Hilal Bank to create the third largest financial institution in the UAE.
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29 Apr 2025
Teachers Credit Union to buy New Bancorp
Teachers Credit Union (TCU) and New Bancorp, the holding company of New Buffalo Savings Bank, have signed an agreement under which TCU will acquire the assets and assume the liabilities of New Bancorp and New Buffalo in a deal valued at $21.3m.
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26 Apr 2025
Royal Bank of Scotland profits slide in first quarter as CEO hands in notice
Just a day after CEO Ross McEwan handed in his resignation, Royal Bank of Scotland has today announced its profits fell year-on-year in the first quarter of 2025
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26 Apr 2025
Butterfield to acquire ABN AMRO Channel Islands for $208m
The Bank of N.T. Butterfield & Son (Butterfield) has agreed to acquire ABN AMRO Bank’s Channel Islands-based banking business for about £161m ($208m) in an all-cash deal.
