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Banking Services

CYBG to acquire Virgin Money for £1.7bn CYBG, owner of Clydesdale Bank and Yorkshire Bank, has agreed to acquire financial services firm, Virgin Money, in a deal valued at around £1.7bn. News

Latest Banking Services News by Sector

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Retail Banking

MYbank launches Star Plan to support 1,000 financial institutions
MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.
Banking Services > Retail Banking > News
Flagstar Bank to buy Wells Fargo’s 52 retail bank branches in US
By BBR Staff Writer
Flagstar Bank, FSB, a subsidiary of Flagstar Bancorp, has agreed to acquire Wells Fargo’s 52 retail bank branches in the US.
Banking Services > Retail Banking > News

Commercial Banking

Old National Bancorp to buy KleinBank for $434m
By BBR Staff Writer
Indiana-based Old National Bancorp has agreed to acquire Minnesota-based KleinBank in a deal valued at around $433.8m.
Banking Services > Commercial Banking > News
BOK Financial to acquire CoBiz Financial in $1bn deal
By BBR Staff Writer
US-based BOK Financial has signed an agreement to acquire CoBiz Financial in a deal valued at around $1bn.
Banking Services > Commercial Banking > News

Online Banking


Cards

Flexiti buys TD Financing Services' Canadian private label credit card portfolio
By BBR Staff Writer
Flexiti Financial has acquired $250m worth Canadian private label credit card portfolio from TD Financing Services (TDFS).
Banking Services > Cards > News
Scotiabank to buy 51% controlling stake in Banco Cencosud
Scotiabank’s Peruvian subsidiary Scotiabank Peru has agreed to acquire a 51% controlling stake in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately C$130m ($101m).
Banking Services > Cards > News

Payments

MetaBank, Global Cash Card extend relationship through 2022
MetaBank, a wholly-owned subsidiary of Meta Financial Group has signed an agreement to continue their relationship with Global Cash Card and will begin to support Wisely by ADP.
Banking Services > Payments > News
Finastra buys mobile and Internet banking solutions provider Malauzai
Finastra has acquired Malauzai, a provider of mobile and Internet banking solutions for community financial institutions.
Banking Services > Payments > News